https://www.taxtmi.com/acts?id=48254 Section 2 prescribes that income tax for the assessment year commencing 1 April 1994 be charged at First Schedule rates and, where applicable, increased by a surcharge; it sets a mechanical aggregation and subtraction method for including net agricultural income in tax computation when it exceeds prescribed thresholds, prescribes surcharge additions for high total income and specified special rate provisions, governs withholding/collection and advance tax calculations with surcharge adjustments for domestic companies and enumerates key definitions for the rate and surcharge regime. en-us Thu, 30 Jan 2025 12:15:57 +0530 Thu, 30 Jan 2025 12:16:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48254 Section 2 prescribes that income tax for the assessment year commencing 1 April 1994 be charged at First Schedule rates and, where applicable, increased by a surcharge; it sets a mechanical aggregation and subtraction method for including net agricultural income in tax computation when it exceeds prescribed thresholds, prescribes surcharge additions for high total income and specified special rate provisions, governs withholding/collection and advance tax calculations with surcharge adjustments for domestic companies and enumerates key definitions for the rate and surcharge regime. Act-Rules F. Acts / Amendment Acts Thu, 30 Jan 2025 12:15:57 +0530 https://www.taxtmi.com/acts?id=48254