Income tax slab

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Querist : Anonymous (Querist)
28 September 2011 What is the Income Tax Slab for a indian Pvt. ltd. company (for AY-2012-13) or ltd. company

and Firm (Partnership) also

please reply me soon




28 September 2011 A firm is taxable at the rate of 30%
Surcharge: Nil
Education Cess: 3% of Income Tax


An Indian Company is taxable @ 30%.
Surcharge is applicable @ 5% if total income is in excess of Rs 10,000,000.

Education cess is applicable @ 3 percent on income-tax (inclusive of surcharge, if any).

28 September 2011 Agree with expert




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