Income tax slabs

This query is : Resolved

Narendra (Querist)
Follow

22 March 2010 Respected Sir,

Pls let me know the income tax slab and rates for the A.Y 2011-2012 for individual,company and partnership firm.

Regards
Narendra Singh

Rahul Gupta

Rahul Gupta (Expert)
Follow

22 March 2010 Individual, HUF, AOP & BOI NIL
Upto Rs. 160000 - Nil
Rs. 160001 to Rs. 190000 * - 10%
Rs. 190001 to Rs. 240000 ** - 10%
Rs. 240001 to Rs. 500000 - 10%
Rs. 500001 to Rs. 800000 - 20%
Rs. 800001 onwards - 30%
* “Nil” tax rate in case assessee is resident Senior Citizen or resident Women below age of 65 years
** “Nil” tax rate in case assessee is resident Senior Citizen

Partnership Firm - 30%

Domestic Company - 30%
Company other than Domestic Company - 40%

CA RAMESH KUMAR AHUJA

CA RAMESH KUMAR AHUJA (Expert)
Follow

22 March 2010
Individual, HUF, AOP & BOI
PERCENTAGE OF TAX
Men Women Sr.Ctzn
Upto Rs. 160000 Nil NIL NIL
Rs. 160001 to Rs. 190000 10.3 NIL NIL
Rs. 190001 to Rs. 240000 10.3 10.3 NIL
Rs. 240001 to Rs. 500000 10.3 10.3 10.3
Rs. 500001 to Rs. 800000 20.6 20.6 20.6
Rs. 800001 onwards 30.9 30.9 30.9
“Nil” tax rate in case assessee is resident Senior Citizen or resident Women below age
of 65 years
“Nil” tax rate in case assessee is resident Senior Citizen

Partnership Firm
and
Domestic Company
NIL NIL 30.90%(Without s/c)
33.22% (with s/c of 7.5%
if income is more than 1Cr)

Minimum Alternate Tax
Domestic Company
Income less then 1,00,00,000 18.54%
= or > 1,00,00,000 19.93%

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
Follow

22 March 2010 Agreed

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

tpksathyan narayanan

S D Kannan

ASIM ATREY AND ASSOCIATES

Tanishka Khandelwal

Vimlesh kumar

Subscribe Now

Income tax slabs

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY

Accountant

CA Final

Article Assistant

Associate CA