ASSESSMENT YEAR 2010-11 Assessment year 2010-11 Upto 1,60,000 Rs. 1,60,001 to Rs.

3,00,000 Rates if income-tax NIL 10% of the amount by which the total income exceed Rs. 1,60,000 Rs. 3,00,001 to Rs. 5,00,000 Rs. 14,000 + 20% of the amounts by which the TI exceeds Rs. 3,00,000 Rs. 5,00,000 and above Rs. 54,000 + 30% of the amount by which the TI exceeds Rs. 5,00,000 An individual being a women resident in India & below 65 yrs of age at any time during the PY, the rate of income-tax shall be-Upto 1,90,000 NIL Rs. 1,90,001 to Rs. 3,00,000 10% of the amount by which the total income exceed Rs. 1,80,000 Rs. 3,00,001 to Rs. 5,00,000 Rs. 11,000 + 20% of the amounts by which the TI exceeds Rs. 3,00,000 Above Rs. 5,00,000 Rs. 51,000 + 30% of the amount by which the TI exceeds Rs. 5,00,000 An individual being a resident in India who is 65 yrs of age or more at any time during the PY, the rate of income-tax shall be-Where TI does not exceed Rs. 2,40,000 NIL Where TI is Rs. 2,40,001-Rs. 3,00,000 10% of the amount by which the TI exceeds Rs. 2,25,000 Where TI is Rs. 3,00,001-Rs. 5,00,001 Rs. 6,000 + 20% of the amount by which the TI exceeds Rs. 3,00,000 Where TI exceeds Rs. 5,00,000 Rs. 46,000 + 30% of the amount by which the TI exceeds Rs. 5,00,000

Income Tax Rates For Assessment Year 2010-11 Applicable For Individual, HUF, AOP & BOI Annual Income From All Sources Except Long Term Capital Gains (after all Permissible Deduction) Upto 1,60,000 Rs. 1,60,001 to Rs. 3,00,000 Rs. 3,00,001 to Rs. 5,00,000 Above Rs. 5,00,000 For Women below 65 years Upto 1,90,000 Rs. 1,90,001 to Rs. 3,00,000 Rs. 3,00,001 to Rs. 5,00,000 Above Rs. 5,00,000 For individuals above 65 years Upto 2,40,000 Rs. 2,40,001 to Rs. 3,00,000 Rs. 3,00,001 to Rs. 5,00,000 Above Rs. 5,00,000 Income-Tax Rates NIL 10% 20% 30% NIL 10% 20% 30% NIL 10% 20% 30%

The tax rates applicable to individuals are also applicable to association of persons and body of individuals. Surcharge:For Individual, HUF, Firm, Local Authority, AOP, BOI and Co-Operative Society-No surcharge shall be levied from AY 2010-11 For others-10% surcharge in case of domestic company 2.5% surcharge in case of every company other than a domestic co. (If total income exceeds Rs. 1Cr) Education Cess:The amount of income-tax as computed including surcharge thereon shall be increased by an Education Cess in Income Tax by 2% for the purpose of fulfilling the commitment of the Central Government to provide and finance universalized quality basic education and 1% secondary and higher education cess is also to be impost i.e. now it will be 3%.

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