As per the Companies Act 2013, Every Private Limited Company is an artificial person who enjoys all the rights of an individual. It has its separate PAN number, Bank Account, etc.
Moving forward with the provisions, Private Limited Company has to pay Dividend Distribution Tax on the Dividend which will be distributed to all the shareholders.
As per Income Tax Act 1961, Every Company or body corporate has to pay tax on a flat rate 30% on the Net Total Income.
Every Private Limited Company is covered by many tax laws. Which depends upon their operations. For Example, Sales Tax (VAT & CST), Service Tax, Excise Duty, etc.