https://www.taxtmi.com/acts?id=21406 A domestic manufacturing company registered on or after 1 March 2016 may elect a concessional tax regime under section 115BA by the prescribed due date. Eligibility requires exclusive engagement in manufacture/production (including related research and distribution), computation of total income after excluding specified deductions and certain Chapter VI-A allowances (except section 80JJAA), and non-set-off of losses attributable to those deductions. The option, once exercised, is irrevocable for the same or subsequent years except where an option under section 115BAA is exercised. en-us Thu, 12 May 2016 12:47:51 +0530 Thu, 28 Aug 2025 14:26:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=21406 A domestic manufacturing company registered on or after 1 March 2016 may elect a concessional tax regime under section 115BA by the prescribed due date. Eligibility requires exclusive engagement in manufacture/production (including related research and distribution), computation of total income after excluding specified deductions and certain Chapter VI-A allowances (except section 80JJAA), and non-set-off of losses attributable to those deductions. The option, once exercised, is irrevocable for the same or subsequent years except where an option under section 115BAA is exercised. Act-Rules Income Tax Thu, 12 May 2016 12:47:51 +0530 https://www.taxtmi.com/acts?id=21406