Can huf opt new scheme for a.y. 20-21
Anuj Agrawal (Article Assistant) (21 Points)
05 April 2020Anuj Agrawal (Article Assistant) (21 Points)
05 April 2020
RAJA P M
("Do the Right Thing...!!!")
(127072 Points)
Replied 05 April 2020
Sujit Talukder
(service)
(719 Points)
Replied 06 April 2020
HUF can opt for the new scheme u/s 115BAC from AY 2021-22 (FY 2020-21) and not for AY 2020-21. In AY 2020-21 old system of taxation needs to be followed.
https://www.taxcorner.co.in/
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