Hello Freinds this FY in the Union Budget 2020 has Introduced Section 115BAC where slab rates has changed in case of Old Regime Deduction is 5% upto 5 Lakhs. My gross Salary is 3,50,000/- pa my question is which would be better choice for me whether i should opt for an option under section 115BAC towards new regime or should I must opt for Form No.12BB (See Rule 26C). Thanks.
CAclubindia
