New Corporate rate tax


This query is : Resolved 

16 February 2020 Whether a new manufacturing company is eligible to take benefit of 15% income tax rate, if it will receive subsidy from state government.
Thanks in advance.

16 February 2020 Can avail 15 % if no incentive or holiday under the income tax act,1961.However , there is no bar in availing incentives under other schemes/acts.



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