A new manufacturing company must be set up and registered on or after which date for 115BAB?
A1 April 2016
B1 October 2019
C1 April 2020
D1 March 2016
Answer & Solution
Correct answer: B. 1 October 2019
Section 115BAB(2)(a) requires registration on or after the 1st of October 2019.
Keep practising Special Tax Regimes for Companies
Browse all Special Tax Regimes for Companies questions for CA Final, or explore more Taxation topics.
Related questions
What do tax havens do, in the context of tax avoidance?Bilateral double taxation treaties aim to avoid what outcome?A General Anti-Avoidance Rule is aimed at which behaviour?Tax avoidance differs from tax evasion in that avoidance is what?Which companies can opt for section 115BAA?From which assessment year does section 115BAA apply?Under 115BAA, how is loss from barred deductions treated later?What depreciation can a 115BAA company not claim under section 32?