Hi
Can somebody help me out by providing the income tax rates for financial year 2004-05 for individuals on " sharma.chetan @ ymail.com "
Chetan Sharma
Juzer Sadikot
(CA - innovative solutions for Imports and Exports)
(1309 Points)
Replied 09 October 2009
Dear Chetan,
Extract of Finance Act 2005 is as under;
(1)
|
where the total income does not exceed Rs. 50,000
|
Nil;
|
(2)
|
where the total income exceeds Rs. 50,000 but
does not exceed Rs. 60,000
|
10 per cent of the amount by which the total income exceeds Rs. 50,000;
|
(3)
|
where the total income exceeds Rs. 60,000 but
does not exceed Rs. 1,50,000
|
Rs. 1,000 plus 20 per cent of the amount by which the total income exceeds Rs. 60,000;
|
(4)
|
where the total income exceeds Rs. 1,50,000
|
Rs. 19,000 plus 30 per cent of the amount by which the total income exceeds Rs. 1,50,000.
|
Thanks
Rudra Kapadia
(Assistant)
(21 Points)
Replied 04 February 2010
Hi
Can someone please help me out by providing the TDS rates for Financial Year 2004-2005