Specifying other rebate items
Select “Section 88 Rebates” hyperlink from the left pane.
The “Section 88 Rebates” page appears. Ensure that you have selected the tax year for which the value of the rebate items must be specified.
Select the “Other Rebates” hyperlink from the bottom of the page.
The “Other Rebates” page appears.
The system displays the following.
Tax Setup Unit |
The name of the tax setup unit in which the tax set up has been deployed. Tell me more |
Date Format |
The date format applicable to the login user. Tell me more |
Tax Year |
The tax year selected in the previous page. |
To specify rebate under section 88B
Enter the following details in the “Rebate U/S 88B group box.
Maximum Age Limit |
The age limit above which the employee is entitled for deduction in income tax. |
Maximum Rebate Amount |
The maximum rebate that can be availed. |
Section 88B Rule |
The rule name that determines the rebate value. |
To specify rebate under section 88C
Enter the following details in the “Rebate U/S 88C group box.
Gender |
From the drop-down list box select the gender for which these deductions are applicable. By default, the system displays with “Female” value. |
Maximum Rebate Amount |
The maximum rebate that can be availed. |
Section 88B Rule |
The rule name that determines the rebate value. |
To specify rebate under section 89
Enter the following details in the “Rebate U/S 89 group box.
Section 89 |
The rule name that determines the rebate value. |
Select the “Save” pushbutton to save the details entered.
Hyperlinked topics below
Use this page to specify the other rebate items defined under section 88 applicable to a class of people.
To specify rebate under section 88B
To specify rebate under section 88C
To specify rebate under section 89