Section 115BAC Clarifies Tax Scheme Switch for Individuals and HUFs Post-TDS Deduction, Offering Flexibility and Benefits.

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....Clarification in respect of option under section 115BAC of the Income-tax Act, 1961 - Concessional rate of tax in case of individual or a Hindu undivided family (HUF) - Option to change the scheme, where TDS has been deducted by the employer - Circular....