Tax Rebate U/S 87a For Ay 2024-25 25th

Tax Rebate U/S 87a For Ay 2024-25 25th.  — as per section 87a of the income tax act, 1961 which provides a rebate upto rupees 25,000 in case the income of an individual taxpayer is less than rupees 7 lakh under.  — section 87a rebate is an income tax provision that allows taxpayers to lower their tax liability.

Claim tax rebate under section 87a (only when the income does not exceed 5 lakhs).  — section 87a provides a tax rebate to reduce the net tax payable to nil for eligible taxpayers.