Aop & boi slab

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

01 April 2016 Dear all

i was attend a interview at that one of the respected ca given qt: like this ; total year income is 1800000/- write aop& boi slab wise. at that time i field, plz give a answer clearly plss.

CA.Sourabh Sethia

CA.Sourabh Sethia (Expert)
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01 April 2016 Assuming it for AY 2015-16 since not clarified by you

i would like to inform you that the same slab rates apply to AOP & BOI which are for Indiviuals & HUF i.e.

upto 2,50,000/- NIL

2,50,000 - 5,00,000 10% of amount by which the taxable income exceeds Rs. 2,50,000/-.

5,00,000 - 10,00,000 Rs. 25,000/- + 20% of the amount by which the taxable income exceeds Rs. 5,00,000/-.

above 10,00,000 Rs. 125,000/- + 30% of the amount by which the taxable income exceeds Rs. 10,00,000