Hi Sir/Madam
A company business is in to Sofware services zero turnover in FY 2020-21
Can I take 25% tax rate under Domestic Company tax rate Categorised below 400 crores Turnover
Please advise
Thanks
However, there are some conditions to be met:
1. The company should be a domestic company, i.e., it should be incorporated in India.
Additionally, you may also need to consider other factors like: -
Minimum Alternate Tax (MAT) - Goods and Services Tax (GST) - Other tax liabilities.
CAclubindia
