alleryStart learning →When must a taxpayer without business income file the 115BAC option?
AWith the 139(1) return
BBefore 31 March
CBy filing Form 3CD
DWithin three years
Answer & Solution
Correct answer: A. With the 139(1) return
Clause (ii) of sub-section (5) ties the option to the return furnished under section 139(1) for that year.
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