Section 115BAD | New Tax Regime for Resident Co-Operative Societies

Neethi V. Kannanth , Last updated: 02 March 2021  
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Section 115BAD was introduced to provide the benefit of a lower tax rate to Resident Cooperative Societies. It is applicable for any previous year relevant to the assessment year beginning on or after the 1st day of April 2021. It allows them to pay tax at 22%. But, there are certain conditions to b

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Neethi V. Kannanth
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Category Income Tax   Report

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