Analysis of Sec 115BAA of the Income Tax Act

Suresh Thiyagarajan , Last updated: 17 October 2019  
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Introduction: With the introduction of sec 115BAA, domestic companies who are paying tax at the rate of 25% (or 30%) now have an option to pay tax at a lower rate through sec 115BAA. Any person who had opted for sec 115BAA being a domestic company will pay tax at the rate of 22% on its total inco

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Suresh Thiyagarajan
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Category Income Tax   Report

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