https://www.taxtmi.com/acts?id=12002 Clause 2 prescribes income tax, TDS and advance tax rates for assessment year 2011-2012 as set out in Parts I-III of the First Schedule, mandates applicable surcharges with specified company specific rates and marginal relief, provides special aggregation and computation rules for net agricultural income (treating agricultural income as included after a basic exemption for rate application and subtracting tax on agricultural income increased by that exemption), and requires additional Education and Secondary and Higher Education Cesses on income tax plus surcharge, subject to stated exceptions; key definitions are provided or cross referenced. en-us Tue, 01 Mar 2011 13:38:50 +0530 Tue, 01 Mar 2011 14:33:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12002 Clause 2 prescribes income tax, TDS and advance tax rates for assessment year 2011-2012 as set out in Parts I-III of the First Schedule, mandates applicable surcharges with specified company specific rates and marginal relief, provides special aggregation and computation rules for net agricultural income (treating agricultural income as included after a basic exemption for rate application and subtracting tax on agricultural income increased by that exemption), and requires additional Education and Secondary and Higher Education Cesses on income tax plus surcharge, subject to stated exceptions; key definitions are provided or cross referenced. Act-Rules Bills Tue, 01 Mar 2011 13:38:50 +0530 https://www.taxtmi.com/acts?id=12002