Section: 115BAC - Incentives in Tax rates to Individual and HUF (Proposed)

CA Nayan Goyal , Last updated: 02 February 2020  
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In the Budget 2020 presented on 1st February 2020 by Finance Minister Smt. Nirmala Sitharaman. It has been proposed to provide option to individual and HUF by insertion of section 115BAC in the Income Tax, Act 1961, which provides the following:- 1. On satisfaction of certain conditions, an i

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Published by

CA Nayan Goyal
(Assistant Manager at Power Finance Corporation Limited)
Category Income Tax   Report

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