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4 days ago · Section 115BAC - the new tax regime system came into force from FY 2020-21 (AY 2021-22). The new tax regime introduced concessional tax rates with reduced deductions and exemptions. Section 115BAC was further amended in the Budget 2023, and the new regime was made the default regime from FY 2023-24.
May 7, 2024 · Section 115H allows NRIs turned residents to retain tax benefits if they inform the assessing officer accordingly. Benefits include concessional tax rates for income from foreign exchange assets and specified assets.
Jun 9, 2020 · Section 115BAB- Tax on income of new manufacturing domestic companies. Any domestic manufacturing company has an option to pay tax at 15%, subject to the following conditions:
115. Abetment of offence punishable with death or imprisonment for life—if offence not committed.—. Whoever abets the commission of an offence punishable with death or imprisonment for life, shall, if that offence be not committed in consequence of the abetment, and no express provision is made by this Code for the punishment of such ...
Jul 1, 2024 · Whoever abets the commission of an offence punishable with death or imprisonment for life, shall, if that offence be not committed in consequence of the abetment, and no express provision is made by this Code for the punishment of such abetment, be punished with imprisonment of either description for a term which may extend to seven years, and s...
Oct 9, 2023 · Explore the New Tax Regime (Section 115BAC) introduced in the Income Tax Act, 1961 by the Indian government. With lower tax rates and simplified rules, discover its applicability, income tax rates for FY 2023-24, and the impact on exemptions.
Section 115 CPC Description. 1 [ (1)] The High Court may call for the record of any case which has been decided by any Court subordinate to such High Court and in which no appeal lies thereto, and if such subordinate Court appears-. (a) to have exercised a jurisdiction not vested in it by law, or.
(a) to have exercised a jurisdiction not vested in it by law, or. (b) to have failed to exercise a jurisdiction so vested, or. (c) to have acted in the exercise of its jurisdiction illegally or with material irregularity, the High Court may make such order in the case as it thinks fit:
Jan 28, 2021 · Section 115BAA was introduced by the Government of India through the Taxation (Amendment) Ordinance 2019 on the 20th of September 2019 with the objective of proffering reduced rates of taxes to domestic companies.
A new Section 115 BAC of the Income Tax Act has been added by the Finance Act of 2020. Read about the rates, eligibility, exemptions, and deductions on Groww in detail.
