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Tax on Domestic Companies under section 115BA - Rate of Income Tax under New Regime - Income Tax

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..... Section 115BA: 25% rate of tax on certain Domestic Companies Conditions: - Domestic manufacturing company should be set up & registered in India on or after 1st March, 2016. Company should be engaged in the business of manufacturing or production of any article or things Company should not claim benefit of other deductions under IT Act :- Section 10AA: Deductions from the Special Economic Zones (SEZ) unit. Section 32(1)(iia): Additional Depreciation Section 32AD: Expenditure that is allocate .....

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Tax on Domestic Companies under section 115BA - Rate of Income Tax under New Regime - Income Tax

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