Yahoo Web Search

Sign In

Search results

  1. www.incometax.gov.in › help › partnership-firm-llpPartnership Firm / LLP for AY 2024-25 | Income Tax Department

    Tax Slabs for Partnership Firm / LLP for AY 2024-25. For the AY 2024-25, a Partnership Firm (including LLP) is taxable at 30%. Surcharge, Marginal Relief and Health & Education Cess.

  2. taxguru.in › income-tax › income-tax-rates-fy-2023Income Tax Rates for FY 2023-24 (AY 2024-25) - Tax Guru

    • Tax Rates applicable to Individuals (Resident / Non Resident) for FY 2023-24 (AY 2024-25) Following Tax Rates are applicable for assessee opting for ‘Old Tax Regime’
    • Income Tax Rate applicable to HUF, AOP, BOI, Other Artificial Juridical Person – Old Tax Regime for FY 2023-24 (AY 2024-25) Net Income Range. Rate of Income Tax.
    • New Tax Regime for Individual, HUF, AOP,BOI, AJP u/s. 115BAC for FY 2023-24 (AY 2024-25) These are Special Rates for Individual, HUF, AOP, BOI, AJP u/s.
    • Income Tax Rates applicable to Company for FY 2023-24 (AY 2024-25) 4.1 Domestic Company. Normal Income-tax rates applicable in case of domestic companies are as follows

  3. People also ask

  4. taxupdates.cagurujiclasses.com › income-tax-slabIncome Tax slab Rates for Non Resident (NRI) - AY 2024-25 (FY ...

    Mar 27, 2024 · 15% – Taxable Income above ₹1 crore – Up to ₹2 crore. 25% – Taxable Income above ₹2 crore – Up to ₹5 crore. 37% – Taxable Income above ₹5 crore. Maximum surcharge on certain types of income is 15%. Marginal relief is provided when the surcharge payable exceeds the additional income that makes the person liable for surcharge.

  5. fintaxblog.com › income-tax-rates-partnershipIncome Tax Rates for Partnership Firms/ LLPs in India (AY ...

    Apr 1, 2023 · A flat rate of 30% income tax is applicable for the partnership firms (registered or unregistered) and limited liability partnerships (LLPs) in India in respect of AY 2023-24. Surcharge Rates In cases where the total income of a partnership firm or LLP exceeds Rs 1 crore, the surcharge at the rate of 12% on the amount of income tax shall be ...

  6. Videos

    View all

  7. taxguru.in › income-tax › all-about-taxation-ofAll about Taxation of Partnership Firms / LLP - Tax Guru

    • Rate of Income tax applicable to Partnership Firm / LLP. Flat rate of 30% on the total income after deduction of interest and remuneration to partners/Designated Partners at the specified rates + Surcharge of 12% if Total Income exceeds 1 Crore and will be further increased by education cess secondary and higher education cess @ 3% on Income-tax (Wef A.Y.
    • Rate of Interest to Partners of Partnership Firm / LLP. from 1-6-2002. up to 31-5-2002. Simple Interest Rate. 18% p.a. 12%
    • Remuneration to Partners/Designated Partners 1. Payment of Remuneration to a non-working partner will not be allowed as a deduction 2. A ‘working partner’ is an individual who is actively engaged in conducting the affairs of the business or profession of the firm.
    • Conditions for assessment as a firm 1. The partnership should be evidenced by an instrument in writing specifying individual shares of the partners. 2.

  8. incometaxindia.gov.in › Charts Tables › Tax ratesTax Rates - Central Board of Direct Taxes

    a. Surcharge : Surcharge is levied on the amount of income-tax at following rates if total income of an assessee exceeds specified limits:-. Note: The enhanced surcharge of 25% or 37% is not levied, on income by way of dividend or from income chargeable to tax under sections 111A, 112, 112A and 115AD (1) (b).

  9. cleartax.in › s › income-tax-slabsIncome Tax Slabs FY 2023-24 & AY 2024-25 (New ... - ClearTax

    Rs 12,50,001 - Rs 15,00,000. 25%. Rs 15,00,001 and above. 30%. * Tax rebate up to Rs.12,500 is applicable if the total income does not exceed Rs 5,00,000 (not applicable for NRIs) Refer to the above image for the rates applicable to FY 2023-24 (AY 2024-25) for the upcoming tax filing season. b.

  1. Searches related to what is the tax rate of llp in india for ay non

    what is the tax rate of llp in india for ay non in englishwhat is the tax rate of llp in india for ay non in law
    what is the tax rate of llp in india for ay non meaningwhat is the tax rate of llp in india for ay non in france
    what is the tax rate of llp in india for ay non copywhat is the tax rate of llp in india for ay non in ear
    what is the tax rate of llp in india for ay non in spanishwhat is the tax rate of llp in india for ay non in french
  2. People also search for