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INCOME TAX Individuals, HUF, Association of Persons & Body of Individuals The tax rates
applicable to indivuduals are also applicable to Hindu Undivided Family,
an Association of Persons and Body of Individuals. Though certain specified
incomes like long term capital gains, winnings from lottery etc. are taxable
at the rate specified in the Income tax Act itself, the general tax rates
applicable for the assessment year 1998-99 and 1999-2000 are as follows
:
Firms Though certain specified incomes like long term capital gains, winnings from lottery etc. are taxable at the rate specified in the Income tax Act itself, a firm assessed as such is taxable at the rate of 35 per cent for the assessment years 1998-99 and 1999-2000 Companies Though certain specified incomes like long term capital gains, winnings from lottery etc. are taxable at the rate specified in the Income tax Act itself, the general tax rates applicable for the assessment year 1998-99 and 1999-2000 are as follows :
Co-operative societies Though certain specified incomes like long term capital gains, winnings from lottery etc. are taxable at the rate specified in the Income tax Act itself, the general tax rates applicable for the assessment year 1998-99 and 1999-2000 are as follows :
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Tax Terms | What is PAN ? | Tax Rates | Tax Deduction at Source | Important Procedures | Income Tax Act | Income Tax Rules| |