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Tax slab for HUF for A.Y. 2008-09
please share tax slab for HUF for A.Y. 2008-09
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TAX RATES FOR HUF
Upto 1,10,000 – Nil
1,10,000 to 1,50,000 – 10% of the amount exceeding 1,10,000
1,50,000 to 2,50,000 – Rs.4,000 + 20% of the amount exceeding 1,50,000
2,50,000 & above – Rs.24,000 + 30% of the amount exceeding 2,50,000/-
Add surchage of 10% for income above Rs. 10 lakhs..
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