Corporate Income Tax
This query is : Resolved
16 July 2009
Our company is A STPI Units and i want to know whether the full CORPORATE INCOME TAX EXCEPTION is available to the stpi units,
or while filing return do we need to file any documents.
Please let me know the process involved
Regards
Nisha
or while filing return do we need to file any documents.
Please let me know the process involved
Regards
Nisha
16 July 2009
Nisha,
Your question is not clear to me. but still try to answer,
01. STP units, they have exemption on profits for first few years of incorporation.
02. To claim this exemption you need to get the report from CA in form 56F. This form will be base for your exemption.
Please note you don't to attached this document along with your return of income. Just take this & keep with you in case of demand submit this to income tax office.
I also work in STP unit, in case you still have doubt then you can mail me @ ca_cms@yahoo.co.in
Your question is not clear to me. but still try to answer,
01. STP units, they have exemption on profits for first few years of incorporation.
02. To claim this exemption you need to get the report from CA in form 56F. This form will be base for your exemption.
Please note you don't to attached this document along with your return of income. Just take this & keep with you in case of demand submit this to income tax office.
I also work in STP unit, in case you still have doubt then you can mail me @ ca_cms@yahoo.co.in
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- ITR validation error - Balance sheet is not filled
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 1: Details for showing Exempt Income
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
