Section 115BAC – New Tax Regime Under the Income Tax
Section 115BAC- New Tax Regime Under the Income Tax Following section 115BAC shall be inserted by the Finance Act, 2020, w.e.f. 1-4-2021 : Tax on income of individuals and Hindu undivided family. 115BAC. (1) Notwithstanding anything contained in this Act but subject to the provisions of this Chapter, the income-tax payable in respect of the…
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