Section 87a Of Income Tax Act Ay 2024-25

Section 87a Of Income Tax Act Ay 2024-25. The income tax for senior. Marginal relief under section 87a of income tax act, 1961 for new tax regime u/s 115bac (1a) presently, rebate is allowed u/s 87a of rs.

It allows a reduction in tax liability up to a maximum specified amount, if their total. Rebate u/s 87a of the income tax act provides tax relief to taxpayers whose total income does not exceed a specified limit.