Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Co-op societies in India can opt for section 115BAE from April 1, 2024, using Form No. 10-IFA.</h1> A co-operative society resident in India can exercise the option under sub-section (5) of section 115BAE for the assessment year starting on or after April 1, 2024, using Form No. 10-IFA. This form must be submitted electronically, either with a digital signature or an electronic verification code. The Principal Director General or Director General of Income-tax (Systems) will establish the filing procedure, data structure, and standards for generating the electronic verification code. They are also tasked with ensuring appropriate security, archival, and retrieval policies for the submitted forms. This provision was introduced by Notification No. 83/2023 dated September 29, 2023.