Tax2Win
WhatsApp Image 2021-04-27 at 1.49.12 PM
Do you also come across People saying that Income up to Rs. 5 lakh is tax-free for an Individual Taxpayer?
Well , Here is the reason why they say so , ‘ A Resident (Individual) can take the benefit of Rebate u/s 87A upto Rs.12,500 if the taxable income, is not in excess of Rs.5,00,000’.
Also Check our Complete guide on what all things you need to keep in mind while filing ITR so that you don't miss out on anything! tax2win.in/guide/section-87a
WhatsApp Image 2021-04-27 at 1.49.12 PM
Do you also come across People saying that Income up to Rs. 5 lakh is tax-free for an Individual Taxpayer?
Well , Here is the reason why they say so , ‘ A Resident (Individual) can take the benefit of Rebate u/s 87A upto Rs.12,500 if the taxable income, is not in excess of Rs.5,00,000’.
Also Check our Complete guide on what all things you need to keep in mind while filing ITR so that you don't miss out on anything! tax2win.in/guide/section-87a