Need clarification on section 87A

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  1. Shankar Guru

    Shankar Guru New Member

    Is the tax credit of Rs.2000 introduced via this new sec. 87A applicable to senior citizens (between 60 and 80 years) as well?
    Shikha likes this.
  2. Neha Sharma

    Neha Sharma Active Member

    Dear @Shankar Guru

    Section 87A states that any person whose income is less than Rs. 5 Lakhs can claim Rebate under Section 87A. It does not distinguish between senior and non-senior citzen.

    Therefore Senior Citizens (between 60 and 80 years) can also claim this rebate
    Hardik bhatt and NIRAJ JAIN like this.
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