When a domestic company has paid tax on book profit which is higher than the normal tax payable on the total income, such excess tax so paid is eligible for carry forward up to:
CS Executive · Tax Laws and Practice · PYQS · December 2019
When a domestic company has paid tax on book profit which is higher than the normal tax payable on the total income, such excess tax so paid is eligible for carry forward up to:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Income Tax
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