https://www.taxtmi.com/manuals?id=8056 Section 324 imposes income-tax on total income of a firm assessable as a firm at the applicable Central Act rate for the relevant tax year. General total income excluding specified capital gains is stated at 30%, with separate rates for specified long-term capital gains and short-term gains on share sales. Surcharge applies when total income exceeds the stated threshold, and Health and Education Cess applies to total tax. en-us Sat, 10 Oct 2026 12:06:00 +0530 Mon, 12 Oct 2026 10:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=8056 Section 324 imposes income-tax on total income of a firm assessable as a firm at the applicable Central Act rate for the relevant tax year. General total income excluding specified capital gains is stated at 30%, with separate rates for specified long-term capital gains and short-term gains on share sales. Surcharge applies when total income exceeds the stated threshold, and Health and Education Cess applies to total tax. Manuals Income Tax Sat, 10 Oct 2026 12:06:00 +0530 https://www.taxtmi.com/manuals?id=8056