Articles by Sudiesh
View Full Profile
Section 115BAC of Income Tax Act at a Glance
Sudiesh 19 June 2020 at 12:50There is a new section called 115BAC intserted in Income Tax, 1961. This is going to effect from AY 2021-22. An assessee can opt old system or new as he wish. When an assesse opting for New he will lose some exemptions/deductions/carry forwad loss etc
Popular Articles
- No More Forced ITC Order: New Rules from Jan 2026
- Income Tax Return Filing Due Date For AY 26-27: Full Details With New Updates
- Revised Return Due Date Extension
- TDS Rate Chart For Tax Year 2026-27: With Revised Section Codes in Challans
- Tax Deduction Rules for Employee Contributions From April 2026
- Simplified GST Changes in Budget 2026: Finance Bill 2026 CGST and IGST Amendments
- ICAI, ICSI & ICMAI to Launch Short-Term Courses to Develop 'Corporate Mitras' in Tier-II & III Towns
- Income Tax Amendments in Budget 2026: Topic-wise Summary of Key Proposals
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
