Section 87a Of Income Tax Act Ay 2024-25. 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. This article summarizes income tax rates, surcharge, health & education cess, special rates, and rebate/relief applicable to various categories of persons viz.
When the income exceeds the threshold limit, the tax will. Tax rebate under section 87a:
Section 87a Of Income Tax Act Ay 2024-25 Images References :