If company incorporated in india in py 18-19, than
can company opt 25% tax rate instead of 30% , because no turnover in py 17-18 ,
Menu
Applicable corporate Tax rate
Replies (4)
Quick Summary
Yes you are eligible to opt to pay @ 25%
NO, you cannot opt as the company was not in existence....
There is contradictory reply , which one is used as per law ,not as per practice
To fulfill a particular condition, the company has to be in existence....one cannot say that the turnover is NIL for a company which was not incorporated
Recent Topics :
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
Related Topics :
CAclubindia
