Decoding Section 115BAC (i.e. Reduced Optional Tax Regime Budget 2020)

CA Mayur Todmal , Last updated: 02 February 2020  
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As proposed in the union budget 2020, In the Income-tax Act, the following section shall be inserted with effect from the 1st day of April, 2021. 115BAC.(1) Notwithstanding anything contained in this Act but subject to the provisions of this Chapter, the income-tax payable in respect of the t

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CA Mayur Todmal
(Practicing CA)
Category Union Budget   Report

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