https://www.taxtmi.com/acts?id=49485 Income-tax is charged at the First Schedule rates subject to special computation where net agricultural income exceeds the prescribed threshold alongside total income: aggregate total and agricultural income to determine tax at applicable rates, determine tax on agricultural income after increasing it by the specified sum, and deduct the latter from the former to obtain tax on total income. This computation method also applies, where relevant, to advance tax and to tax charged under specified salary provisions, and certain cases require increasing tax, deductions or collections by a surcharge as provided. en-us Sat, 22 Feb 2025 10:47:11 +0530 Sat, 22 Feb 2025 10:47:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49485 Income-tax is charged at the First Schedule rates subject to special computation where net agricultural income exceeds the prescribed threshold alongside total income: aggregate total and agricultural income to determine tax at applicable rates, determine tax on agricultural income after increasing it by the specified sum, and deduct the latter from the former to obtain tax on total income. This computation method also applies, where relevant, to advance tax and to tax charged under specified salary provisions, and certain cases require increasing tax, deductions or collections by a surcharge as provided. Act-Rules F. Acts / Amendment Acts Sat, 22 Feb 2025 10:47:11 +0530 https://www.taxtmi.com/acts?id=49485