Muthu (Graduate of B.com Pursuing CS Professional Programme & CA IPCC) (120 Points)
06 September 2011
Friends,
Which was the first assessment year in which "Education cess" was levied on tax payable(under IT ACT 1961) on individuals. ?
And Which was the first assessment year in which "Secondary and Higher Education cess" was levied on tax payable (under IT act 1961) on individuals. ?
Nitin Garg
(CA FINAL Article Trainee B.com)
(171 Points)
Replied 06 September 2011
Muthu
(Graduate of B.com Pursuing CS Professional Programme & CA IPCC)
(120 Points)
Replied 06 September 2011
Which means EC is leviable from AY 2005-06 and SHEC from AY 2008-09. Am i right??
KevinDavids
(Writer)
(22 Points)
Replied 31 October 2018
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CAclubindia
