The maximum limit of rebate allowed under section 87A of the Income-tax Act, 1961 in case of a Non-resident individual whose total does not exceeds ₹5,00,000 during the previous year 2019-20 is
A. ₹ 2,500
B. ₹ 5,000
C. ₹10,000
D. Nil
Answer:D
The maximum limit of rebate allowed under section 87A of the Income-tax Act, 1961 in case of a Non-resident individual whose total does not exceeds ₹5,00,000 during the previous year 2019-20 is
A. ₹ 2,500 B. ₹ 5,000 C. ₹10,000 D. Nil