Rebate 87a For Ay 2024-25. Tax rebate under section 87a before 5th july 2024 is available on total income up to ₹7 lakh including special rate incomes. Here is an example to understand how tax rebate under section 87a of the income tax act can be claimed while filing income tax return.

The section 87a rebate that the income tax act, 1961 provides is a useful provision that helps individual taxpayers reduce their liability. Here is an example to understand how tax rebate under section 87a of the income tax act can be claimed while filing income tax return.