Application of 115BAC


This query is : Resolved 

Quick Summary
This discussion clarifies whether partners in a partnership firm, specifically a tax audit firm, can choose to file under Section 115BAC. The advice given is that an individual partner can indeed opt for their own Income Tax Return (ITR) under this regime for Assessment Year 2024-25, as it is the default option.

07 November 2024 Sir, for individuals who are partners in the Partnership Firm( tax audit firm), can we go under Section 115BAC ? kindly advise.

07 November 2024 Yes, partner can opt for his own ITR for AY 2024-25; which is default regime.

09 November 2024 Thank you so much sir

09 November 2024 You are welcome.


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