Menu
income tax slab rate
A company got incorporated on May 2018.what will be the income tax slab rate applicable to that company for AY 2019-20. that is 25 percent or 30 percent.. (No turnover in PY. Since it is a newly incorporated company)
Replies (1)
If Gross turnover upto 250 Cr. in the previous year ....25%
For Gross turnover exceeding 250 Cr. ...30%
+ Surchage and cess as applicable.
So, what is the turnover in FY 2018-19? (i.e. previous year for AY 2019-20)
Recent Topics :
- PCIT-1 Thane Email address
- CA Fees deduction for non audit case allowed?
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
Related Topics :
CAclubindia
