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15% income tax scheme for new mfg. co.

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Accounts Executive
52 Points Posted on 20 September 2019
is this scheme cover partnership firms or not
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On 20 September 2019 at 22:34 Report
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17264 Points Posted on 20 September 2019
Partnership firms not covered
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On 20 September 2019 at 23:07
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Profession Business
28207 Points Posted on 21 September 2019
Indian companies formed from Oct 1 can opt to pay income tax @ 15%(17.01% effective) in manufacturibg sector if they dont avail exemptions and incentives and stast production by 2023.
these conditions are to be fulfilled.
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On 21 September 2019 at 07:52
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17264 Points Posted on 21 September 2019
@ Rajender Singh
As queried by you, I repeat - Partnership firms are not covered.
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On 21 September 2019 at 15:56
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Profession Business
28207 Points Posted on 21 September 2019
@ kapadia I repeat partneship can be LLP
but I mean to say limited companies.
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On 21 September 2019 at 16:06
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17264 Points Posted on 21 September 2019
Good imagination Sabyasachi but query is clear cut. Unnecessary confusion to querist .
As imagined by you if it's LLP - what's your reply ?
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On 21 September 2019 at 17:09
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4 Points Posted on 21 September 2019

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On 21 September 2019 at 17:44
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Profession Business
28207 Points Posted on 22 September 2019
Kapadia what the FM reteriated is cleared.
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On 22 September 2019 at 08:38


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