New Tax Regime for Domestic Companies: Section 115BAA of Income Tax Act

Naveen Goyal , Last updated: 04 November 2022  
  Share

The Indian Government introduced section 115BAA on the 20th of September 2019 through the Taxation Amendment Ordinance 2019 with the objective of allowing domestic companies with lower tax rates. Under this section, the domestic companies are given an option to pay tax at the rate of 22% (instead of

You have reached daily limit of 2 Free Articles. To view this or other Articles please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro

Published by

Naveen Goyal
(CA)
Category Income Tax   Report

Other Articles  
Comment   Share
  12003 Views
Comments

Related Articles


Loading


Popular Articles




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category