How to do Income Tax Count for FY 2020-21? Which Tax Structure to Choose U/s 115 BAC?
According to Financial plan 2020, you can't claim any tax deduction or exception on the off chance that you intend to pick a new tax structure. Along these lines, as an individual taxpayer on the off chance that you choose the new tax system with diminishes tax rate you have to swear off all tax breaks available today. Luckily, you have an alternative to proceeding with the old tax structure. A salaried individual can switch among old and new tax structure.