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A Company income 150000, and an indivisoul which income
150000 who pay more tax ?

Answers were Sorted based on User's Feedback



A Company income 150000, and an indivisoul which income 150000 who pay more tax ?..

Answer / ramreddy

up to 150000/- exempt for individual so company pay more
tax here

Is This Answer Correct ?    25 Yes 1 No

A Company income 150000, and an indivisoul which income 150000 who pay more tax ?..

Answer / ravindra

i do agree that up to 150000 excmption for an individual
so in this case company will pay more tax

Is This Answer Correct ?    10 Yes 0 No

A Company income 150000, and an indivisoul which income 150000 who pay more tax ?..

Answer / shanmuk

Under any circumstances company pay more tax than
individual bcz there is no basic exemption to company.

Is This Answer Correct ?    6 Yes 0 No

A Company income 150000, and an indivisoul which income 150000 who pay more tax ?..

Answer / sreena

Individual. since the tax liability to an individual is nil

Is This Answer Correct ?    9 Yes 5 No

A Company income 150000, and an indivisoul which income 150000 who pay more tax ?..

Answer / s kiran

Company have to pay tax on whatever income earn by them,
there is no any exemption but individuals point of view
there is slab for tax deduction ie. below 150000 exemption.

It means company will pay more tax than individual.

Is This Answer Correct ?    2 Yes 0 No

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