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Commerce · Q387

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 387

Q387

Under alternate tax regime, which of the following statement is correct? (1) Individual assessee can opt for the alternative tax regime u/s 115 BAC. (2) Total income is computed without availing of blocked incentives. Select the correct answer from the options given below:

A.
(1) Only
B.
(2) Only
Answer
C.
Both (1) and (2)
D.
Neither (1) nor (2)

Answer: Option B

Solution

Answer: Option B
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