Académique Documents
Professionnel Documents
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2,50,000 - 5,00,000
5,00,000 - 10,00,000 ABOVE 10,00,000 ABOVE 1 CRORE
10.3%
20.6% 30.9% 33.99%
REBATE/SURCHARGE
A REBATE OF RS. 2000 FOR INDIVIDUALS HAVING TOTAL INCOME UP TO RS. 5 LAKH. INDIVIDUALS HAVING TAXABLE NET INCOME EXCEEDING RS 1 CRORE WILL HAVE TO PAY A 10% SURCHARGE. THE FOLLOWING TABLE WILL ILLUSTRATE HOW THE REBATE AND SURCHARGE RESPECTIVELY WILL BE DEALT WITH BY THE TAXPAYERS.
T . M . GOSHER & CO.
SURCHARGE NIL
1CRORE-10CRORES
32.445
5%
ABOVE 10CRORES
T . M . GOSHER & CO.
33.900
10%
A.Y.14-15
SURCHARGE
0-1 CRORE
41.200
NIL
1CRORE-10CRORES
42.024
2%
ABOVE 10CRORES
T . M . GOSHER & CO.
43.260
5%
20% 10%
25% 25%
INVESTMENT ALLOWANCE(SEC.32AC)
ADDITIONAL DEDUCTION OF 15% OVER AND ABOVE THE DEDUCTION OF DEPRECIATION U/S. 32 CONDITIONS: 1. INVESTMENT EXCEEDING RS. 100 CRORE IN PLANT AND MACHINERY REQUIRED. 2. TIME LIMIT FOR INVESTMENT 01.04.2013 TO 31.03.2015. 3. ASSETS CAN NOT BE TRANSFERRED WITHIN 5 YRS. FROM ACQUISITION.
T . M . GOSHER & CO.
PENALTY
100 PER DAY
PERIOD
FOR THE PERIOD OF DEFAULTS FROM THE DAY IMMEDIATELY FOLLOWING THE DAY ON WHICH THE TIME SPECIFIED IN SUCH NOTICE FOR FURNISHING THE RETURN EXPIRES TILL FILING OF RETURN
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