Amendment of section 87A.

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..... substituted by section 46 of the Finance Act, 2016 (28 of 2016)], the words two thousand five hundred rupees shall be substituted. - Clause 38 of the Bill seeks to amend section 87A of the Income-tax Act relating to rebate of income-tax in case of certain individuals. The existing provisions contained in the said section provide that an assessee, being an individual resident in India, who .....

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