115BAA - NEW TAX RATES FOR THE A.Y.2021-2022


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This discussion clarifies the applicability of Section 115BAA for the Assessment Year 2021-2022. It confirms that Section 115BAA is not applicable to cooperative banks. Instead, Section 115BAD is the relevant section for cooperative societies concerning these new tax rates.

09 November 2021 WHETHER 115BAA IS APPLICABLE IN THE CASE OF COOPERATIVE BANKS

09 November 2021 No.

17 November 2021 115BAD IS APPLICABLE IN THE CASE OF COOPERA
TIVE SOCIETY


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