Thursday, October 6, 2011

Income Tax rates for partnership firm Ay 2012-13 2011-12 2010-11 2009-10


By on 9:19 AM

Income Tax rates applicable on partnership firm is listed below. Basic rates were unchanged in last four years however effective rates were reduced after removal of surcharge from firm tax . Hope you may find this useful.

Assessment year
FIRM                                    
2009-10
2010-11
2011-12
2012-13
Tax Rate
30%
30%
30%
30%
Surcharg e  (if net income exceeds 1 Crore)
10%
-
-
-
Edu. Cess & SHE Cess
3%
3%
3%
3%

About Syed Faizan Ali

Faizan is a 17 year old young guy who is blessed with the art of Blogging,He love to Blog day in and day out,He is a Website Designer and a Certified Graphics Designer.

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