Dear Sir
Our Company is paying Tax under Normal Tax after adjusting Carryfoward loss and payment under mat until last assessment year i.e Financial year 31-03-2021. For the Current Financial year 31-03-2022 our company has filed 29B as per the provisions laid down under section 115JB of the Income Tax Act, 1961.. After filing the form on 30th September 2022 we decided to opt for 115BAAA.
Whether it is advisable or not for filing Form10 I-C and claim under 115BAAA. Please advice
Regards
Vaidhyanathan
9677225945
CAclubindia
