Cooprative housing society rate of tax and form no for filin

This query is : Resolved

Deepak Mehta (Querist)
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02 October 2013 Sir pl let me know Income tax slab rate for co operative housing societies , deduction available ,if any, under which section and form no to be filed as return of income

CA Neha Chauhan

CA Neha Chauhan (Expert)
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02 October 2013 Tax slab is :
where the Total Income does not exceed Rs. 10000/- 10% of the total income
where the Total income exceeds Rs.10000/- but does not exceed 20000/- 1000+20% of the the amount by which the total income exceed Rs.10000/-
Where the Total Income exceed Rs30000/- Rs.3000+30% of the the amount by which the total income exceed Rs.20000/-

ITR 5 is required to be filed for ITR Purpose.

Regards,

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