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tax rate for Assmt year 07-08???????


kaushal (w)     19 November 2008

kaushal
w 
 545 points

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company tax rate for Assmt year 07-08??????surcharge rate and cess ? additional education cess applicable??

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Aditi Kaur (Practising CA)    20 November 2008

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NIMA JHA (article)     19 November 2008

NIMA JHA
article 
 4 likes  50 points

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tax rate for companies = slab rate = 30%

surcharge = 10%

and education cess = 2%

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Jitender (Chartered Accountant)     19 November 2008

Jitender
Chartered Accountant 
 63 likes  8724 points

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surcharge is applicable when taxable income increases rs 1 crore.


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