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AVAILABILITY OF NEW TAX REGIME FOR BUSINESS U/S 44AD

This query is : Resolved 
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(Querist)
27 August 2022 Dear All,

Can i avail benefit of new tax regime u/s 115BAC while I am declaring business income u/s 44AD?

Thanks
Nirmal
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
27 August 2022 Yes, new regime can be opted along with presumptive assessment u/s. 44AD.
But the change of regime is not allowed after 30th July.
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NIRMAL DAVE

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NIRMAL DAVE (Querist)
29 August 2022 Thank You for your valuable reply.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
29 August 2022 Most Welcome ..
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