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 What is the amount of rebate under Section 87A (…

 What is the amount of rebate under Section 87A (of Income Tax Act, 1961)? 

 What is the amount of rebate under Section 87A (of Income Tax Act, 1961)? 

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Chiranjibi Aug. 27, 2018

The rebate u/s 87A is Rs. 5000. It can be availed by individuals who have an income less than Rs. 5 lakhs but above Rs. 2.50 lakhs.