New Income Tax Form 10IC and 10ID for Companies Opting 115BAA or Section 115BAB. A domestic company opting for concessional tax rate schemes prescribed under section 115BAA or section 115BAB, can exercise this option by electronically filing Form 10-IC or Form 10-ID respectively.
Clarifications issued by CBDT on ICDS notified under the Income tax Act, 1961 March 27, 2017 In brief. 115JB of the Act or Alternate Minimum Tax (AMT) under section 115JC of the Income-tax Act, 1961 (the Act)? ICDS shall not apply for computation of MAT.