Teaching Haryana (HPSC) Assistant Professor Mock Test 2025 Income Tax Personal Tax

The maximum amount of rebate allowable under section 87A for A.Y. 2020-21 is-

1
Rs. 2,000, if the total income does not exceed Rs. 5 lakh
2
Rs. 5,000, if the total income does not exceed Rs. 5 lakh
3
Rs. 12,500, if the total income does not exceed Rs. 5 lakh
4
Rs. 5,000, if the total income does not exceed Rs. 3.5 lakh
5
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