CA Inter doubt
What does optional regime means
Asked by PS5 Aug 2025488 views
3 answers
Hiba · 7 Aug 2025
Optional regime is old regime and default one is new
PS · 5 Aug 2025
Thanks
Tanmay · 5 Aug 2025
There are two types of tax rates applicable to a individual that are optional tax regime and default tax regime u/s 115BAC And the individual has the option to choose between them which will benefit him the most. Both the regimes have their own advantages and disadvantages
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