C.
Co-operative Society
i. Income-Tax:
S.No
|
Income
Level / Slabs
|
Income
Tax Rate
|
i.
|
Where the total income does not exceed Rs. 10,000/-.
|
10% of the income.
|
ii.
|
Where the total income exceeds Rs. 10,000/- , but does not
exceed Rs. 20,000/-.
|
Rs. 1,000/- + 20% of income in excess of Rs. 10,000/-.
|
iii.
|
Where the total income exceeds Rs. 20,000/-.
|
Rs. 3.000/- + 30% of the amount by which the total income
exceeds Rs. 20,000/-.
|
ii. Surcharge : Nil
iii. Education Cess : 3% of
the Income-tax.
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