A quick review (Limited Information) of the applicable provisions under the Income Tax Act, 1961 for the F. Y. 2023-24 (A. Y. 2024-25), after incorporating amendments (only key and selective amendments) proposed by the Union Budget of 2023, are given below for ready reference and information.:- (NOTE: The Budget of 2023 has made the New Tax Regime u/s 115BAC a Default Regime and the Old Tax Regime has become Tax Inefficient for Assessees (other than having brought forward and carried forward
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