Differential Tax for C Forms
This query is : Resolved
09 January 2009
If C Forms are not received then what is the differential tax. From 01.04.2007 IF Local Rate is 4% then differential tax is 1% (i.e. diff in local rate and CST rate). If local rate is 12.5% then differential tax is 9.5% (i.e. differece in 12.5% and 3%)...Please confirm whether above calculation is correct or otherwise what is the differential liability....
09 January 2009
1) If local rate is 4%, diff. rate is 6%.
2) If local rate is 12.5%, diff.rate is 9.5%.
2) If local rate is 12.5%, diff.rate is 9.5%.
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