TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Finance Act 1977 Sets Income Tax Rates, Surcharges, and Agricultural Income Rules; Special Provisions for Companies Depositing with IDBI</h1> The Finance (No. 2) Act, 1977, outlines the rates of income tax for the assessment year starting April 1, 1977. It specifies that income tax will be charged at rates detailed in the First Schedule, with surcharges applicable in certain cases. Companies depositing with the Industrial Development Bank of India may have reduced or nil surcharges. The Act also addresses the inclusion of net agricultural income in tax calculations, the determination of tax for specific cases under the Income-tax Act of 1961, and the deduction of tax at specified rates. Definitions for terms like 'domestic company' and 'net agricultural income' are provided.
TaxTMI 
