HOW TO OPT FOR NEW TAX REGIME?
The new regime of taxation as was announced by Finance Act 2020 is contained in section 115BAC which is forming the part of Chapter XII of the Income Tax Act-1961. Section 115BAC is ...
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Posts tagged "Section 115BAC"
Filing of Form 10-IE if the persons is not having Income from Business & Profession
Filing of Form 10-IE if the persons is not having Income from Business & Profession
The taxpayers now have a choice to either opt for a new tax regime or old tax regime.
The new tax regime is covered by section 115BAC and is available to Individuals and ...
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Whether AOP Trust CAN also opt for the New Taxation Regime?
Whether AOP Trust CAN also opt for the New Taxation Regime?
There are various cases where the trust and AOP are subject to the tax rates as are applicable to Individual i.e., the taxation is done on the basis ...
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FILING OF FORM 10-IE: CONDITION FOR AVAILING NEW TAX REGIME?
FILING OF FORM 10-IE: CONDITION FOR AVAILING NEW TAX REGIME?
The new regime of taxation as was announced by Finance Act 2020 is contained in section 115 BAC which is forming the part of Chapter XII of the Income Tax ...
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10 Points to consider before you decides to opt for the New Tax Regime
10 Points to consider before you decides to opt for the New Tax Regime
Income Tax Return for the FY 2020-21 (AY 2021-22) has to be filed by the individual taxpayers by choosing the optional tax regime. Finance Act-2020 has introduced ...
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New Tax Regime & Unabsorbed depreciation and business loss brought forward
New Tax Regime & Unabsorbed depreciation and business loss brought forward
Income Tax Return for the FY 2020-21 (AY 2021-22) has to be filed by the individual taxpayers by choosing the optional tax regime. Finance Act-2020 has introduced a dual ...
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New Tax Regime & Deductions for business expenditure not allowed under the new regime
New Tax Regime & Deductions for business expenditure not allowed under the new regime
Income Tax Return for the FY 2020-21 (AY 2021-22) has to be filed by the individual taxpayers by choosing the optional tax regime. Finance Act-2020 has introduced ...
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New Tax Regime & Deduction towards Housing Loan Interest
New Tax Regime & Deduction towards Housing Loan Interest
Income Tax Return for the FY 2020-21 (AY 2021-22) has to be filed by the individual taxpayers by choosing the optional tax regime. Finance Act-2020 has introduced a dual tax regime ...
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