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What is the tax liability of a Private Limited startup company for software or hardware or both?

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Question based on change in company registration and tax liability in 2012-13.

posted Apr 1, 2015 by anonymous

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1 Answer

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Company Law does not differentiate hardware or software however state government can relax state taxes (VAT/Sales Tax) based on policies for a specific sector.

Following images compares the LLP and Pvt Limited Tax structure after the 2013 -

Tax 1

Tax 2

Please let me know if you have more specific query.

answer Apr 1, 2015 by Salil Agrawal
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