Necessity of opting for 115BAC for AY2024-25


This query is : Resolved 

Quick Summary
For the Assessment Year 2024-25, opting for the 115BAC (New Tax Regime) is not mandatory. You only need to file a specific form if you intend to choose this tax regime. If you wish to file your Income Tax Return (ITR) under the old tax regime, no action is required regarding 115BAC.

15 June 2024 Sir/s, Namaste


Is it mandate to opt by filing any form for 115BAC for AY2024-25

15 June 2024 No need to file if you wish to file ITR under New Tax Regime.

15 June 2024 Thank you sir, for your information

15 June 2024 You are welcome.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
23 July 2026
Semi qualified CA

Garg Bros & Associate CA

New Delhi

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details