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Section 115BAB – Corporate tax rate for new manufacturing companies

1. Which manufacturing companies are covered by section 115BAB A domestic company satisfying the specified conditions mentioned in (2) below can claim the benefit of section 115BAB. Domestic company includes a company formed and registered in India. The benefit is available from the financial year 2019-20 (AY 2020-21). This provision is applicable …

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Extension of certain due dates falling on 30th June 2020 [CBDT Notification No. 35/2020 dated 24/06/2020].

Income tax update:- CBDT has issued a notification today further extending few of the time limits of compliance under Taxation & Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 as under: ➡️ Due date for filing Income Tax Return for F.Y 2018-19 has been extended to 31st July, 2020 ➡️ …

Extension of certain due dates falling on 30th June 2020 [CBDT Notification No. 35/2020 dated 24/06/2020]. Read More »

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