Section-155 : Rebate to be allowed in computing income-tax

1. Section-155 as per act

1. In computing income-tax on the total income of an assessee with which he is chargeable for any tax year, there shall be allowed from income-tax (as computed before allowing the deductions under this Chapter), subject to the provisions of section 156, the deductions specified therein
2. The deduction under section 156, shall not, in any case, exceed income-tax (as computed before allowing the deductions under this Chapter) on the total income of the assessee with which he is chargeable for any tax year.

2. Help and useful links for Section-155

1. Income Tax Help Center
2. Income Tax Act 2025 Home
3. Rebate u/s 87A and Marginal Tax Relief — Explained