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Income Tax Old Regime Vs New Regime

April 23, 2020
by ATAC Services 5

Dear Patron,
After the insertion of section 115BAC in the Income Tax Act 1961(Introduced New Tax Regime) a big confusion has been started among the folks whether to opt for New Tax Regime or shall we continue with the old Tax Regime. For avoiding this genuine hardship, CBDT has released  a circular C1 of 2020 dt. 13/04/2020 which gives a clarification in respect of the new section inserted.

Further, we made a more detailed analysis so that you can wisely decide with the benefits and limitations of the option to be opted. Income Tax Old Regime Vs New Regime 

For more detail clarification or any query you can anytime get in touch with us on info@atac.in

Regards
Team ATAC

Comments (5)

  1. Aarti

    23 Apr 2020 - 3:50 pm
    Reply

    Thank you so much Team ATAC.
    For keeping us updated with all the notification from time to time.
    We appreciate your efforts and for guiding us with best suitable choice for us.

  2. Prasad Shelar

    25 Apr 2020 - 8:59 am
    Reply

    Best & very nice guidance for us. Really thanks

  3. Hardik

    25 Apr 2020 - 11:01 am
    Reply

    Thanks for providing valuable information. That has really helped.

  4. Kalyani

    25 Apr 2020 - 11:30 am
    Reply

    Very useful.
    Thanks a lot !

  5. Sadique

    25 Apr 2020 - 7:47 pm
    Reply

    Nowadays, people don’t have time to calculate their tax saving.
    This website helps to those who wanted to save their time and just fill those details and get the calculation done automatically.
    Thanks MS for the helpful device.

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Finance Minister Press Conference – COVID-19 Relief Measures: MSME, Taxation & Other.

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