Section 87A - Rebate of income-tax in case of certain individuals - Income-tax Act, 1961

87A. Rebate of income-tax in case of certain individuals .-An assessee, being an individual resident in India, whose total income does not exceed 3 [ 5 [ five hundred thousand ] rupees], shall be entitled to a deduction, from the amount of income-tax (as computed before allowing the deductions under this Chapter) on his total income with which he is chargeable for any assessment year, of an amount equal to hundred per cent of such incometax or an amount of 4 [ 6 [ twelve thousand and five hundred ] rupees ], whichever is less. 7 [ Provided that where the total income of the assessee is chargeable to tax under sub-section (1A) of section 115BAC, and the total income (a) does not exceed 8 [ twelve hundred thousand rupees ] , the assessee shall be entitled to a deduction from the amount of income-tax (as computed before allowing for the deductions under this Chapter) on his total income with which he is chargeable for any assessment year, of an amount equal to one hundred per cent. of such income-tax or an amount of 9 [ sixty thousand rupees ] , whichever is less; (b) exceeds 10 [ twelve hundred thousand rupees ] and the income-tax payable on such total income exceeds the amount by which the total income is in excess of 10A [ twelve hundred thousand rupees ] , the assessee shall be entitled to a deduction from the amount of income-tax (as computed before allowing the deductions under this Chapter) on his total income, of an amount equal to the amount by which the income-tax payable on such total income is in excess of the amount by which the total income exceeds 10B [ twelve hundred thousand rupees ] . ] 11 [Provided further that the deduction under the first proviso, shall not exceed the amount of income-tax payable as per the rates provided in sub-section (1A) of section 115BAC. ] ----------------------------------------- Notes:- 1. inserted vide Finance Act 2013 w.e.f.1st day of April, 2014 [Earlier, it was omitted vide the Finance (No. 2) Act, 1967, w.e.f. 1-4-1968 as Rebate on educational expenses in certain cases.] 2. Substituted vide THE FINANCE ACT, 2016 w.e.f. 1st day of April, 2017 before it was read as, two thousand rupees 3. Substituted vide THE FINANCE ACT, 2017 w.e.f. 1st day of April, 2018 before it was read as, five hundred thousand rupees 4. Substituted vide THE FINANCE ACT, 2017 w.e.f. 1st day of April, 2018 before it was read as, 2 [five thousand rupees] 5. Substituted vide FINANCE ACT, 2019 w.e.f 01-04-2020 before it was read as three hundred fifty thousand 6. Substituted vide FINANCE ACT, 2019 w.e.f 01-04-2020 before it was read as two thousand five hundred 7. Inserted vide THE FINANCE ACT, 2023 dated 31-03-2023 w.e.f. 01-04-2024 8. Substituted vide Section 20 of the Finance Act, 2025 dated 29-03-2025 w.e.f. 01-04-2026 before it was read as, seven hundred thousand rupees 9. Substituted vide Section 20 of the Finance Act, 2025 dated 29-03-2025 w.e.f. 01-04-2026 before it was read as, twenty-five thousand rupees 10. Substituted vide Section 20 of the Finance Act, 2025 dated 29-03-2025 w.e.f. 01-04-2026 before it was read as, seven hundred thousand rupees 10A. Substituted vide Section 20 of the Finance Act, 2025 dated 29-03-2025 w.e.f. 01-04-2026 before it was read as, seven hundred thousand rupees 10B. Substituted vide Section 20 of the Finance Act, 2025 dated 29-03-2025 w.e.f. 01-04-2026 before it was read as, seven hundred thousand rupees 11. Inserted vide Section 20 of the Finance Act, 2025 dated 29-03-2025 w.e.f. 01-04-2026