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



Answer Query



Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 25 October 2026
Article Intern (CA Articleship)

Arpan Bohra & Co

Hyderabad

CA Inter

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
Featured ARTICLESHIP 28 October 2026
CA- Inter and Articles

N N V Satish & Co.,

Hyderabad

CA Inter

View Details