NEW SCHEME OF TAXATION 115 BAC


This query is : Resolved 

28 August 2021 If I dont have business income, I cant opt for the new scheme of taxation?
I am having a benefit of Rs. 40,000 ,But not able to file form 10IE as its asking for any business or profession income.

28 August 2021 Option to opt for the new tax regime will be available for the taxpayers filing return of ITR 1 or ITR 2 in the return itself.

There is no need for separate filing of Form 10-IE, UNLESS THERE IS ANY INCOME FROM PGBP OR FOR FILING ITR 3 OR ITR 4

28 August 2021 THANK YOU SIR FOR THE REPLY


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