Employer is liable to deduct tax as per Sec. 115BAC only after receiving intimation from employee

Employer is liable to deduct tax as per Sec. 115BAC only after receiving intimation from employee

CBDT has clarified that eligible employees, who are intending to opt for concessional tax regime under section 115BAC, may intimate his employer about it so that employer will compute total income and TDS thereon in accordance with the provisions. If no such intimation is made, employer shall make TDS without considering provisions of Section 115BA

COPY OF ORDER

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