https://www.taxtmi.com/acts?id=49360 Income-tax for the assessment year beginning 1 April 1998 is charged at rates in the First Schedule, subject to special computation where an assessee has net agricultural income above the prescribed threshold: aggregate total and agricultural income, compute tax on the aggregate, compute tax on agricultural income after adding a base amount at the same rates, and deduct the latter from the former to determine tax on total income; analogous procedures apply to advance tax and tax for other specified periods or provisions. en-us Thu, 20 Feb 2025 16:11:52 +0530 Thu, 20 Feb 2025 16:11:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49360 Income-tax for the assessment year beginning 1 April 1998 is charged at rates in the First Schedule, subject to special computation where an assessee has net agricultural income above the prescribed threshold: aggregate total and agricultural income, compute tax on the aggregate, compute tax on agricultural income after adding a base amount at the same rates, and deduct the latter from the former to determine tax on total income; analogous procedures apply to advance tax and tax for other specified periods or provisions. Act-Rules F. Acts / Amendment Acts Thu, 20 Feb 2025 16:11:52 +0530 https://www.taxtmi.com/acts?id=49360