what is exemption of income tax in case of huf and a firm
Answer Posted / viswanatha
For any other individual, every Huf/aop/boi/ artificial juridical person
up to Rs. 1,60,000/-
Rs.1,60,000/- Rs.3,00,000/- 10%of (total income minus . Rs.1,60,000/-)
Rs.3,00,000/- 5,00,000/- 20%
RS.above 5,00,000/- 30%
Firms:- A firm is taxable at the rate of 30% for the assessment year 2010-11 and 2011-2012
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
what is D-1, D-2, Vat-C4,
when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax
WHAT IS CORPORATE TAX ?
Sir My, Que. We recived hotel housing & bording charges so i have dedu. tds when section
Explain the Calculation of Sales Tax?
What are the basic and additional conditions for resident and ordinarily resident (ror)?
What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?
I MR A REGISTER DEALER IN MUMBAI [MAHARASHTRA], I WANT TO PURCHASE GOODS FROM BANGLORE AND DIRECTRY SALE TO HYDRABAND. IN THIS CASE WHO TO MAKE / PREPARE MY SALES BILL IN MUMBAI AND WHICH SALES TAX FORM I WHAT TO ISSUED.
taxes leivied on carpentar & plumbing services
is there in india the rate of work contract are same in all states if now what are the statewise rate
interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.
what is procedure of calculation of TDS by bank?
we charge service tax in our Invoice.we pay it in time. At the end of the year other party gives his deduction as certificate. what to do with it ? how to submit again to tax authorities?
Dear Experts, Please advice, what are the rate of WCT , and is it differ from individual to companies in case of deduction ( if i am the deducting person)
what is the difference between tds tax code and tds tax type in sap fi