Income tax on Salary under New income tax Section 115BAC and Old Scheme of taxation

Madhur Gandhi , Last updated: 07 June 2021  
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The Income tax benefits under the New income tax scheme has 6 slabs as against 3 slabs under the old scheme. Section 115 BAC takes away 70 exemptions and deductions allowed, whereas the deduction/exemption allowed under this section are limited to: Deduction u/s80CCD(2) (employers c

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Madhur Gandhi
(CA)
Category Income Tax   Report

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