TMI BlogRate of Tax for TDS / Advance Tax - CompaniesX X X X Extracts X X X X X X X X Extracts X X X X ..... er cent. of the total income, if its total turnover or gross receipts in the previous year 2017-18 does not exceed four hundred crore rupees, and in all other cases the rate of Incometax shall be thirty per cent. of the total income. In the case of company other than domestic company, the rates of tax are the same as those specified for the financial year 2018-19. Surcharge at the rate of seven pe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en crore rupees, shall not exceed the total amount payable as income-tax on a total income of one crore rupees, by more than the amount of income that exceeds one crore rupees. Further total amount payable as income-tax and surcharge on total income exceeding ten crore rupees, shall not exceed the total amount payable as income-tax and surcharge on a total income of ten crore rupees, by more than ..... X X X X Extracts X X X X X X X X Extracts X X X X
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