Dear Friends
I Need tips/files on reduction of Income Tax on Domestic Companies F.Y 2019-20
Turnover 500 Crore
Please Suggest
Saibal-B.com LLB CA FINAL (Indirect Taxation) (145 Points)
07 August 2019Dear Friends
I Need tips/files on reduction of Income Tax on Domestic Companies F.Y 2019-20
Turnover 500 Crore
Please Suggest
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183108 Points)
Replied 07 August 2019
Total Turnover or Gross Receipts (Rs.) | Tax applicable |
The amount does not exceed Rs.400 crore, | 25% |
The amount exceeds Rs.400 crore | 30% |
Add : Surcharge, Health and Education Cess @ 4% |