Normal Income Tax Slabs/ Rates for NRIs, HUFs, AOP, BOI, AJP (AY 2023-24)
Income tax rates/slabs applicable for NRIs, HUFs, AOPs, BOIs, and AJPs, in respect of AY 2023-24, along with rates of surcharge, HEC, AMT, etc..
Tag: HUF
Health and Education Cess Rates under Income Tax (AY 2023-24)
Explore about the Health and Education Cess Rates applicable under the Income Tax in respect of AY 2023-24 for all types of assessees and taxation schemes.
New Regime Income Tax Slabs/ Rates (AY 2023-24)
Explore the rates of income tax, surcharge, HEC under new tax regime for Individuals, HUFs, AOPs, BOIs & AJPs in respect of AY 2023-24/2024-25.
Surcharge Rates on Income Tax for AY 2023-24
Surcharge on income tax is payable if taxable income of a taxpayer exceeds a specified threshold limit during the AY 2023-24, like Rs 50 lacs in the case of …
Alternate Minimum Tax (AMT) for Non-corporate Taxpayers (AY 2023-24)
Explore the concept of Alternate Minimum Tax (AMT) applicable to non-corporate taxpayers benefiting from deductions and exemptions from the perspective of provisions for AY 2023-24.
Who is a ‘Person’ under S. 2(31) of Income Tax Act in India
Find out what constitutes a 'person' under Section 2(31) of the Income Tax Act in India and what it means for tax purposes.
Marginal Relief from Surcharge on Income Tax: AY 2022-23
For AY 2022–23, assessees can claim marginal relief from the surcharge on income tax to mitigate the effect of the additional tax burden that is over and above the …
ICAI’s Technical Guide on ‘Taxation of HUFs’
ICAI has released the publication titled ‘Technical Guide on Taxation of HUFs’, which covers laws and procedures relating to taxation of HUFs at length and is very useful to …