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what is tax rate for Companies for the Assessment year 2009-10?

Answers were Sorted based on User's Feedback



what is tax rate for Companies for the Assessment year 2009-10? ..

Answer / sanjeev & punit

30%+surcharge10%+edu. cess 3%=33.99

Is This Answer Correct ?    7 Yes 1 No

what is tax rate for Companies for the Assessment year 2009-10? ..

Answer / vikrant

FOR DOMESTIC COMPANIES:- FLAT 30%+CESS 3%(EDU 2% +SHE 1%)
+SURCHARGE 10% IF TAXABLE INCOME INCREASE 1 CRORE.


FOR FOREIGN COMPANIES:- FLAT 40% + CESS 3%(SAME)+SURCHARGE
2.5% IF TAXABLE INCOME INCREASE 1 CRORE.

Is This Answer Correct ?    6 Yes 0 No

what is tax rate for Companies for the Assessment year 2009-10? ..

Answer / arnab

for fy 2009-10 no sucharge or cess will be levied on
corporate taxes as per Budget 2009-10

Hence only 30% rate is applicable on companies.
Aranb

Is This Answer Correct ?    8 Yes 3 No

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