Dear Friends
I Need tips/files on reduction of Income Tax on Domestic Companies F.Y 2019-20
Turnover 500 Crore
Please Suggest
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Income tax reduction for domestic companies f.y 2019-20
Replies (1)
Income Tax Slab for Indian Companies - FY 2019-20 (AY 2020-21)
| Total Turnover or Gross Receipts (Rs.) | Tax applicable |
| The amount does not exceed Rs.400 crore, | 25% |
| The amount exceeds Rs.400 crore | 30% |
Add : Surcharge, Health and Education Cess @ 4% |
|
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