https://www.taxtmi.com/acts?id=45705 Imposition rules charge income tax and super tax for the assessment year starting 1 April 1962 at rates in the First Schedule, with surcharges where specified. Proportionate allocation governs tax on income that includes salaries for non company assessees; companies with life insurance business must allocate super tax between insurance profits and other income. Deductions permit exporters or qualifying dividend declaring companies to reduce tax by an amount tied to one tenth of average rates on export profits, and withholding for specified sections is at rates in Part III. Key definitions of assessment year, average rates, total income and earned income are provided. en-us Fri, 29 Nov 2024 17:18:50 +0530 Fri, 29 Nov 2024 17:18:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45705 Imposition rules charge income tax and super tax for the assessment year starting 1 April 1962 at rates in the First Schedule, with surcharges where specified. Proportionate allocation governs tax on income that includes salaries for non company assessees; companies with life insurance business must allocate super tax between insurance profits and other income. Deductions permit exporters or qualifying dividend declaring companies to reduce tax by an amount tied to one tenth of average rates on export profits, and withholding for specified sections is at rates in Part III. Key definitions of assessment year, average rates, total income and earned income are provided. Act-Rules F. Acts / Amendment Acts Fri, 29 Nov 2024 17:18:50 +0530 https://www.taxtmi.com/acts?id=45705