what is tax rate for Companies for the Assessment year 2009-10?

Answer Posted / vikrant

FOR DOMESTIC COMPANIES:- FLAT 30%+CESS 3%(EDU 2% +SHE 1%)
+SURCHARGE 10% IF TAXABLE INCOME INCREASE 1 CRORE.


FOR FOREIGN COMPANIES:- FLAT 40% + CESS 3%(SAME)+SURCHARGE
2.5% IF TAXABLE INCOME INCREASE 1 CRORE.

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.

1700


HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?

2025


I want to do correspondence course related for taxation, where I can learn income tax, service tax, sales tax etc. Any one can suggest from which university can I do and name of the course also.

1874


What is the different between Excise Invoice and Invoice

1649


what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns

2983






if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form

1313


What is the procedures for withdrawing of form C?

1766


Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?

662


How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?

1812


on earth moving road work which type of tax is applicable?

1444


what is deemed sales? how to calculated

1762


I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL

1715


what is the difference between vat 100 and vat 120?

2047


how to calculate of FBT with example & what is Rate

1973


we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply

1532