The Company is a newly setup company deriving its revenue from service and assembling of goods. What will be the tax rate applicable? (Section-115BA not applicable)
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Tax rate for newly setup company ay-18-19
Replies (6)
Is it for F.Y 2018-19 ? or 2017-18 ?. please clerify .
25% tax rate will be applicable
It is fy-17-18 and turnover less than 10crores
Thanks for the reply but it will be helful if u share the reason for the same
https://cleartax.in/s/income-tax-slabs#domestic
refer link
refer link
Thanks again but the rates mentioned are only for companies which are in existence from FY-15-16, our client was Incorporated in FY17-18
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