Sec. 115BA Companies : Depreciation Fixed at 40%

0
5462
Print Friendly, PDF & Email

CBDT has notified the maximum depreciation rates for newly set up companies and claming tax rate of 25% as per section 115BA of the Income Tax Act . As you are aware that Finance Act 2016 introduced a new section 115BA under which domestic companies are provided an option to chose a lower rate of…

This content is for annual and Semi Annual members only.
Log In Register