https://www.taxtmi.com/caselaws?id=472235 The 25% corporate tax rate for Assessment Year 2018-19 applied where a company's total turnover in the previous year 2015-16 remained below Rs. 50 crore. Total revenue of Rs. 48.72 crore, comprising Rs. 46.79 crore from operations and Rs. 1.93 crore as other income, remained within that threshold. The company was consequently subject to tax at 25% rather than 30%. en-us Thu, 17 Apr 2025 00:00:00 +0530 Mon, 05 Oct 2026 19:38:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=472235 The 25% corporate tax rate for Assessment Year 2018-19 applied where a company's total turnover in the previous year 2015-16 remained below Rs. 50 crore. Total revenue of Rs. 48.72 crore, comprising Rs. 46.79 crore from operations and Rs. 1.93 crore as other income, remained within that threshold. The company was consequently subject to tax at 25% rather than 30%. Case-Laws Income Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=472235