Home Income Tax Dept TDS INCOME TAX SLAB RATE FOR ASSESSMENT YEAR 2012 - 13 OR FINANCIAL YEAR 2011-12 ( Association of Persons (AOP) and Body of Individuals (BOI))

INCOME TAX SLAB RATE FOR ASSESSMENT YEAR 2012 - 13 OR FINANCIAL YEAR 2011-12 ( Association of Persons (AOP) and Body of Individuals (BOI))

Up to 180000 : Nil

180001-500000 : 10%

500001-800000 : 20%

800001 & above : 30%

Eg. 1) Income of assessment year 2012-13. Rs. 180000.

Ans) Income-tax(Including surcharge,EC & SHEC) on Rs. 0 is Rs. 0.00

Surcharge Rs. 0.00 Education Cess Rs. 0.00 Secondary and Higher Education Cess Rs. 0.00

Eg. 2) Income of assessment year 2012-13. Rs. 190000.

Ans) Income-tax(Including surcharge,EC & SHEC) on Rs.1,000 is Rs. 1,030.00

Surcharge Rs. 0.00 Education Cess Rs. 20.00 Secondary and Higher Education Cess Rs. 10.00

Eg. 3) Income of assessment year 2012-13. Rs. 300000.

Ans) Income-tax(Including surcharge,EC & SHEC) on Rs.12,000 is Rs. 12,360.00

Surcharge Rs. 0.00 Education Cess Rs. 240.00 Secondary and Higher Education Cess Rs. 120.00

Eg. 4) Income of assessment year 2012-13. Rs. 500000.

Ans) Income-tax(Including surcharge,EC & SHEC) on Rs.32,000 is Rs. 32,960.00

Surcharge Rs. 0.00 Education Cess Rs. 640.00 Secondary and Higher Education Cess Rs. 320.00

Eg. 5) Income of assessment year 2012-13. Rs. 600000.

Ans) Income-tax(Including surcharge,EC & SHEC) on Rs.52,000 is Rs. 53,560.00

Surcharge Rs. 0.00 Education Cess Rs. 1,040.00 Secondary and Higher Education Cess Rs. 520.00

Eg. 6) Income of assessment year 2012-13. Rs. 900000.

Ans) Income-tax(Including surcharge,EC & SHEC) on Rs.122,000 is Rs. 125,660.00
Surcharge Rs. 0.00 Education Cess Rs. 2,440.00 Secondary and Higher Education Cess Rs. 1,220.00

INCOME TAX SLAB RATE FOR ASSESSMENT YEAR 2012 - 13 OR FINANCIAL YEAR 2011-12 ( Association of Persons (AOP) and Body of Individuals (BOI))

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