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INCOME TAX SLAB RATES FOR MALE ASSESSEE

FROM ASSESSMENT YEAR 1992-1993 TO ASSESSMENT YEAR 2015-2016

Hello readers, I found many persons searching sites here and there for slab rates of some previous years, purchasing books for the purposae of making assessments or filing return of Income of their clients or Claiming relief under section 89 but cant find true picture so I decided to compile it for you.

ASSESSMENT YEAR 1992-1993
  TAXABLE INCOME  TAX PAYABLE
SLAB RATE OF THE ASSESSEE BY ASSESSEE
INCOME TAX RATE  
UPTO 22000 NIL  
 
22000 TO 30000 20%  
 
30000 TO 50000 1600 + 30%  
 
50000 TO 100000 7600 + 40%  
 
100000  ABOVE 27600 + 50%  
 
SURCHARGE 12% IF TAXABLE INCOME EXCEEDS Rs.75000
 
STANDARD DEDUCTION  33 1/3 % OF SALARY OR Rs.12000 WHICHEVER IS LESS


To download the detailed information on IT slab rates: Click Here


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Chartered Accountant associated with "Khabar India TV" Chartered Accountant associated with "DAINIK JAGRAN" Guest Author at Taxguru.in, Casansaar.com, CharteredClub.com, Caclubindia Lawyersclubindia


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