lower rate of income tax gor domestic companies

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please clarify conditions for lower rate of income tax @ 25 % to domestic companies.
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Section 115BA: Tax at the rate of 25 % on income of certain domestic companies:
As per new section 115BA has been inserted with effect from assessment year 2017-18 that the domestic companies satisfy following conditions will eligible for tax rate of 25 per cent.
Conditions:
1. The Assessee is a domestic company.
2. The company has been set-up and registered on or after 01.03.2016.
3. The company is not engaged in any business other than the business of manufacture or production of any article or thing and research in relation to (or distribution of) such article or thing manufactured or produced by it.
4. Total income of the company is computed without claiming additional depreciation and deduction under sec.10AA,32AC,32AD,33AB,33ABA.35(1)(ii)/(iia)/(iii)/35(2AA)/(2AB),
35AC, 35CCC, 35CCD and Section 80H to 80TT (not being sec-80JJAA).
5. Total income of the company is calculated without adjusting brought forward loss from any earlier year (if such loss pertains to any deduction under the aforesaid sections).Moreover, such loss will not be carried forward.

Option in the Hands of Assessee:
If the above conditions are satisfied,the company has an option to pay tax at the rate of twenty five per cent(+SC+EC+SHEC). This Option shall be exercised on or before the due date for furnishing the returns of income, which the company is required to furnish under the Act.
Once the company has exercised the option for any previous year, it cannot be subsequently withdrawn for the same or any other previous year.

With reference to the above rate is given bellow

Income tax as per Income tax act 1961  @ 25%  -Turnover less than 250 crore  in the pervious year  2016-17 (please confirm this year with other also .) 

surcharge - 7%  income tax exceeding 1 crore 

                   10% Income tax exceeding  10 crore 

Health & edcution cess  @ 4% on Income tax and surcharge 

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