https://www.taxtmi.com/acts?id=46799 Income-tax for the assessment year commencing 1st April 1983 is charged at rates in the First Schedule with specified surcharges. Where a taxpayer has net agricultural income above the de minimis in addition to total income and total income exceeds prescribed limits, the net agricultural income is aggregated with total income to compute tax, then tax on an increased net agricultural income is computed and deducted, and the remainder is increased by a prescribed surcharge to determine income-tax. Part II and Part III of the First Schedule set rates for deduction at source and advance tax computations respectively, and qualifying company deposits may reduce surcharge. en-us Tue, 31 Dec 2024 17:00:36 +0530 Tue, 31 Dec 2024 17:00:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46799 Income-tax for the assessment year commencing 1st April 1983 is charged at rates in the First Schedule with specified surcharges. Where a taxpayer has net agricultural income above the de minimis in addition to total income and total income exceeds prescribed limits, the net agricultural income is aggregated with total income to compute tax, then tax on an increased net agricultural income is computed and deducted, and the remainder is increased by a prescribed surcharge to determine income-tax. Part II and Part III of the First Schedule set rates for deduction at source and advance tax computations respectively, and qualifying company deposits may reduce surcharge. Act-Rules F. Acts / Amendment Acts Tue, 31 Dec 2024 17:00:36 +0530 https://www.taxtmi.com/acts?id=46799