Tax rate

This query is : Resolved 

20 April 2015 Y COMPANY IS NOT LIABLE FOR TAX AS PER SLAB RATE

20 April 2015 because slab benefit is for individual only... higher tax from companies is need of india to make it develped.. and govt cant charge it from indviduals...!!

20 April 2015 TERE R SO MANY INDIVIDUAL WHOS INCOME MUCH GRETER THAN SO MANY COMPANIES THEN...........

20 April 2015 why u trying to compare 5 % people with the rest 95 % people of india dear

20 April 2015 As per Income Tax Act, 1961 and Finance Act of respective assessment year legislature provided in the law for taxing various person. It is practice of government to provide benefit of slab to individual entity and taxing company and firm at flat rate. it is immaterial who is earning more by individually or collectivlely.

20 April 2015 I,M TRYING TO CAOMPARE BECAUSE COMPANY IS LIABLE TO PAY TAX ON NET PROFIT (INCOME LESS EXPENSES) HOWEVER INDIVIDUAL HAVING BUSINESS OR PROFESSION THEY CACULATE FIRST NET PROFIT I.E. INCOME LESS EXPENSES AND THEN THEY ALSO TAKE ADVAVTAGE OF BASIC EXEMPTION LIMIT THEN Y COMPANY IS NOT ELIGIBLE FOE BASIC EXEMPTION LIMIT ?

20 April 2015 Many companies are having many benefits by govt... like lands at cheaper rates, tax exempt for ten years...

now govt is not providing this facility to individuals na...

so in mah view the rate chart is well planned and approved

20 April 2015 NARENDER JI ,
SAME THING I'M TELLING U THAT Y GOVT NOT GIVE BENEFIT TO COMAYU AND FIRM ALSO

20 April 2015 So do not ask this foolish question at this forum. just ask to government. if govt not agreed to your point go to courts. Because all ruling comes from constitution of india. hence COI is violated in your view than there is court

20 April 2015 I'M ASKING THIS QUESTION BECAUSE

WE R IN COMMERECE FILD AND AS A CHARTERED ACCOUNTANT FILED AND AS A CRORE SUBJECT OF THIS FILD IS TAX SO WE SHOULD KNOW ABOUT MY DEAR.....THAT'S Y...

20 April 2015 Basic reasons are explained here... thats all what we can do here dear


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