TDS ON SALARY-OPTION FOR CONCESSIONAL TAX RATE TO BE INTIMATED TO EMPLOYER
Posted: 13 Apr 2020 07:31 PM PDT
Finance Act has provided New concessional Income Tax rate without availing certain deductions and exemptions .Persons Individual/HUF having income other than income from business or profession", may exercise option to avail New concessional Income Tax rates in respect of a previous year in his Income tax return for each year.But there is doubt that whether such option can be availed by employees...
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