Tag: Standard deduction Rs. 50

New Income Tax Slab and Tax Rebate/Credit under section 87A With Automated Income Tax Revised Form 16 Part A&B and Part B for F.Y. 2019-20

Income Tax Slab for AY 2020-21 i.e. FY 2019-20 Tax-Rebate under Section 87A for AY 2020-21 i.e. FY 2019-20 Tax-Rebate under section 87A is misogynist for the income up to Rs. 5 lakhs (Rs.  3.50 lakhs earlier). Following conditions shall be met for ultimatum the tax rebate under section 87A. 1.      The assessee must be […]

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