WebAre case of a domestic company, which has exercised an option under Section 115BA for the Income-tax Perform, 1961 of rate of taxation from 30% to 25%, of depreciation allowance underneath Section 32(1)(ii) of the Act in respect of whatever block of property entitled to more than 40 per cent needs be restricted to 40 per cent on the written ... Web11 Dec 2024 · —In exercising of the powers conferred the section 32 understand with section 295 of the Income-tax Act, 1961 (43 of 1961), aforementioned Central Board of Direct Taxes, hereby, manufacture the ... 1962 and last amended vide notification number G.S.R. 662(E) dated the 17 th September, 2024. Get all latest gratified delivered straight to …
IN THE INCOME TAX APPELLATE TRIBUNAL C” BENCH, MUMBAI
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Taxability u/s 115BAC vs Taxability under Normal Provisions of IT Act
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