22 November 2017
It is applicable for new company because it is given that "the company has been set-up and registered on or after the 1st day of March, 2016" For more details kindly refer http://incometaxindia.gov.in/Acts/Finance%20Acts/2016/102120000000058883.htm
22 November 2017
115BA is an option for those companies registered on or after 1-4-2016 and is applicable from assessment year 2017-18. (ie 25% tax rate)
But for assessment year 2018-19 tax rate is 25% for all companies where its total income or gross receipts in the previous year 2015-16 does not exceed Rs. 50 /-Crores.
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