Question

elaborate the deduction of tax at source and rebates and reliefs​

Answer 1

Answer:

Tax rebates

After exemptions and deduction, what remains is the total income on which you pay the tax. Once you calculate the tax, a rebate offers relief in the amount of income tax you need to pay. It is the amount of tax that an assessee is not liable to pay. For instance, rebate under Section 87A of the Act.