accountant
365 Points
Joined May 2011
In case of propritor ship business. the proft taxable in hand of proprier. tax slab as under:-
Up to 2.00 Lac Tax NIL
2.00 lac to 5.00 Lac Tax @ 10%+3 % Ecess
5.00 To 10.00 lac Tax @ 20%+3% Ecess
Above 10.00 lac Tax @ 30%+3% Ecess