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What is rebate under section 87A for F.Y 2023-24 and who can claim it?

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Full Text of the Document

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.... in India and whose total income does not exceed Rs. 5,00,000 is entitled to claim rebate under section 87A​. Rebate under section 87A is available in the form of deduction from the tax liabilit....

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Full Text of the Document

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....nt of income tax on total income, which is chargeable to tax under section 115BAC(1A). However, this rebate is allowed if the total income of assessee chargeable to tax under section 115BAC(....