deferred tax
This query is : Resolved
10 October 2007
what is the current deferred tax rate?
10 October 2007
30 % SC 10% (If their will exceed 1C)+EC(2%)+SHEC(1%)
10 October 2007
Hi Vikas
The deffered tax rate is 30.90% (i.e 30% IT + 2% Cess + 1% SHECess).
But if the Income as per the Income tax act exceeds 1 crore then it is 33.99% (i.e 30% IT + 10% Surcharge 2% Cess + 1% SHECess).
The deffered tax rate is 30.90% (i.e 30% IT + 2% Cess + 1% SHECess).
But if the Income as per the Income tax act exceeds 1 crore then it is 33.99% (i.e 30% IT + 10% Surcharge 2% Cess + 1% SHECess).
10 October 2007
The deffered tax rate is 30.90% (i.e 30% IT + 2% Cess + 1% SHECess).
But if Income > 1Crore it is 33.99%
But if Income > 1Crore it is 33.99%
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