Taxation u/s 115BAC

Can an Assessee eligible under section 44ADA, opt for taxation u/s 115BAC. (New tax regime).
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Quick Summary
This discussion clarifies whether an assessee eligible under Section 44ADA can choose the new tax regime, Section 115BAC. The answer is yes, but with a crucial caveat. Once you opt for Section 115BAC, you cannot opt out and revert to the old regime in the future.

YES. BUT ONCE OPTED OUT, YOU WILL NOT BE ABLE TO OPT IT AGAIN.

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