https://www.taxtmi.com/acts?id=41228 Amendment inserts sub-section (1A) in section 115BAC to extend the concessional slab-based tax regime to individuals, HUFs and specified non-individual persons, subject to exclusion where an option under sub-section (6) is exercised; it restricts specified exemptions and deductions for computation of total income under that sub-section, prescribes transitional adjustment to written down value for incomplete depreciation, and modifies eligibility and option mechanics including special treatment for IFSC Units and procedural conditions for exercising or withdrawing the option. en-us Wed, 01 Feb 2023 15:57:08 +0530 Sat, 04 Feb 2023 11:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41228 Amendment inserts sub-section (1A) in section 115BAC to extend the concessional slab-based tax regime to individuals, HUFs and specified non-individual persons, subject to exclusion where an option under sub-section (6) is exercised; it restricts specified exemptions and deductions for computation of total income under that sub-section, prescribes transitional adjustment to written down value for incomplete depreciation, and modifies eligibility and option mechanics including special treatment for IFSC Units and procedural conditions for exercising or withdrawing the option. Act-Rules Bill Wed, 01 Feb 2023 15:57:08 +0530 https://www.taxtmi.com/acts?id=41228