Live Help
Get News Alerts from Taxmann.com on your desktop.
No Thanks Allow
You have blocked the notification on recent updates. Click below to re-subscribe.
No Thanks
You have already subscribed to Taxmann’s notification.
No Thanks UnSubscribe
Your Session Will Expire in   seconds.
If you do not wish to log-out, choose 'Let me continue'
Reset Session Cancel Session
 

Withdrawal of Sec. 115BAB regime if manufacturing co. diversifies into other business

November 29, 2019
573 Views
As benefit of reduced corporate tax rate of 15% under section 115BAB is available only to manufacturing companies, it has been proposed under the Taxation laws (Amendment) Bill, 2019 that option to exercise for section 115BAB shall be invalid if the company is subsequently engaged in any non-manufacturing business.

taxmann.com
Payment
Best view in 1140 x 768