Sir is there any Sup/Bombay high Court judgement on rate applicable for domestic company not incorporated in P.Y 16-17.
coz
the basic reading of act shows that if the co. is not incorporated upto p.y 16-17 then it has to pay tax on 30% lese 25%
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domestic company slab rate
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Domestic company with turnover upto 250 crore ( now from this FY it is 400 Crore) has to pay 25% of taxable income.
There is nothing like incorporated / not incorporated !!! Be specific .
There is nothing like incorporated / not incorporated !!! Be specific .
u r not getting my point.
look,if i have to calculate tax on domestic company which is incorporated in F.Y 17-18 then what will be the tax rate.
coz 25% is there for co. having T/O upto 250 cr in P.Y 16-17 and 30% for other cases.
but what if the co. didn't exist in P.Y 16-17 THEN...
look,if i have to calculate tax on domestic company which is incorporated in F.Y 17-18 then what will be the tax rate.
coz 25% is there for co. having T/O upto 250 cr in P.Y 16-17 and 30% for other cases.
but what if the co. didn't exist in P.Y 16-17 THEN...
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