I always wondered how come the company is paying taxes at so low rates.
In q2 fy 16 it paid taxes at 10% whereas for first half of fy 16, its less than 10%.
And I dont think it has carry forward losses of earlier years?
One logic is acquired companies could have carry forward losses and might help in lower taxes but couldnt find any answer on the above tax query.
disc: no position.
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