Section 115BAB – Income Tax Regulations

Section 115BAB – Income Tax Regulations The Ministry of Finance (MoF) introduced taxation laws, Section 115BAA and Section 115BAB for domestic and domestic manufacturing companies, registered on or after October 1st 2019 or commencing before 31 st March 2023. The sections were…

Section 115BAA – Income Tax Regulations

Section 115BAA – Income Tax Regulations To reduce the difficulty in availing Minimum Alternative Tax, Government of India (GoI) introduced Section 115BAA in taxation laws for both existing and newly formed companies on or after October 1, 2019. This section…