U/s 115BBA LLP can take benefit from this section

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sanjay sharma

sanjay sharma (Querist)
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05 January 2020 Respected Sir,

Can i take benefit from LLP U/S 115BBA in which 15% tax charged

Asha Kanta Sharma

Asha Kanta Sharma (Expert)
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25 May 2020 Yes it is possible. The Act say DOMESTIC COMPANY. There are certain conditions fulfilling which any domestic company will be eligible to take benefit out of it.

https://taxguru.in/income-tax/section-115baa-tax-rate-domestic-companies.html