Poonawalla fincorp
Poonawalla fincorp

Income tax rate

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 July 2018 A domestic company incorporated in the FY 17-18 relating to AY 18-19 engaged in trading business . The total turnover or gross receipt of the company in the previous year 17-18 is less than 50 cr.
Please let me know the tax rate of the Company.
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CA R SEETHARAMAN online

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CA R SEETHARAMAN online (Expert)
29 July 2018 25% tax rate applicable.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
29 July 2018 Tax applicable @25% for newly established company having turnover less than 50 crores.
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