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Corporate Tax Planning




                    Notes          The income for which tax is paid by an assessee is shown in fi gure 10.4.

                                                     Figure 10.4: Residential Statuses and Incidence of Tax




















                                   Source: http://www.itact.co.cc/
                                   The Tax slabs for Assessment year 2012-13 is given in table 10.2. On the basis of these tax slabs an
                                   individual employee will pay taxes for their income earned under the head salaries.
                                                       Table 10.2: Tax slabs for assessment year 2012-13
































                                                         0
                                          ` 500,001


                                   Source: http://www.india-briefi ng.com/news/indias-tax-structure-year-201213-5297.html/










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