How to exercise option for Special Rates

Last updated at April 16, 2024 by

Option to be exercised at beginning of year within 1 month

(i.e.for 2016-17,option to be excercised by 30 April 2016)

The option once exercised cannot be withdrawn during the remaining part of the financial year.

 

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.