Amendment of Act No. 23 of 2019

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..... red to as the Finance (No.2) Act], in sub-section (9), with effect from the 1st day of April, 2019,- (a) in the second proviso, for the words First Schedule , the words, figures and letters First Schedule, except in case of a domestic company whose income is chargeable to tax under section 115BAA or section 115BAB of the Income-tax Act shall be inserted and shall be deemed to have b .....

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..... total income exceeds fifty lakh rupees, but does not exceed one crore rupees; (ii) at the rate of fifteen per cent. of such advance tax , where the total income exceeds one crore rupees but does not exceed two crore rupees; (iii) at the rate of twenty-five per cent. of such advance tax , where the total income [excluding the income of the nature referred to in clause (b) of s .....

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..... Income-tax Act, the rate of surcharge on the advance tax calculated on that part of income shall not exceed fifteen per cent.;'; (iii) in clause (c), in the opening portion, for the words domestic company , the words, figures and letters domestic company except such domestic company whose income is chargeable to tax under section 115BAA or section 115BAB of the Income-tax Act, sh .....

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