This video discusses the concept of tax exemption up to 5 lakhs of your income. 87A is the section which provides for rebate against your income up to 5 lakhs. This video analyses in detail the calculation tax and rebate against your tax.
These rates are applicable for the financial year 2019-20 as well as financial year 2020-21.
Due dates for filing income tax returns:
Financial year 2018-19 - 31st August 2020
Financial year 2019-20 - 30th November 2020
Financial year 2020-21 - 31st July 2021
This video is Malayalam Language.
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