“Further, this option (of switching) is available to you on a year-on-year basis—that’s a very interesting proposition,” CBDT chairman PC Mody said. “If I feel availing a certain deduction this particular year, my old set-up is better, I opt for that. But if a new regime offers me a better rate, I can opt for it.”from News-Economic Times https://ift.tt/2tyxyOE
