alleryStart learning →How is the section 115BAC tax computation brought into play?
AAt the option of the taxpayer
BCompulsorily for all individuals
COn the assessing officer's order
DOnly if income exceeds Rs 15 lakh
Answer & Solution
Correct answer: A. At the option of the taxpayer
The section says tax is computed at its rates at the option of the individual or HUF, so it is voluntary.
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