Dear Sir/Madamr,
Please send me Depriciation Chart For the F.
Y 2005-06,2006-07 as per Income Tax act
From:-
Dodani Aasan Prataprai
Gandhidham - Kachchh
DEAR ALL my friends
the Question was income tax rates for a private limited company, assesment year 2007-2008
incometax @ 30%
surcharge @ 10%
education cess @ 2%
plz note that higher education cess & limitation in surcharge is not applicable for assesment year 2007-2008
IT DEPRECIATION RATES FOR AY 2008-09
AVAILABLE IN BELOW LINK OF INCOME TAX INDIA WEBSITE
FOLLOW THE LINK
https://law.incometaxindia.gov.in/TaxmannDit/DisplayPage/dpage1.aspx?md=31
Notification No. 67/2005 dated 28-2-2005
since there is no subsequent ammendment from the date of notifiacation in appendix 1. the latest notification stands good.
employee tds paid by the employear is examption of employee sec10(10cc) but it is not anon monetary payment to give examption is it correst. but the amout paid by employer is not allowed as expencess sec40av any can give clarity
PERSONAL TAX RATES IN ASSESSMENT YEAR2008-09. SLAB RATES UPTO110000 IS EXAMPT .110000 TO 150000 IS 10%,ABOVE 150000 TO 250000 IS 20%, ABOVE 250000 TO 30% SURCHARGE 2.5% +ED.CESS2%+1%S.EDUCATOIN