Assertion: income tax | /r/HasProperty | i
Facets:
Source sentences:
text: In the case of a domestic company Rates of income-tax (i) where its total turnover or the gross receipt in the previous year 2015–16 does not exceed fifty crore rupees; 25 per cent. of the total income; (ii) other than that referred to in item (i) 30 per cent. of the total income; Surcharge on income-tax (a) having a total income exceeding one crore rupees but not exceeding ten crore rupees, at the rate of seven per cent. of such income-tax; and (b) having a total income exceeding ten crore rupees, at the rate of twelve per cent. of such income-tax;
text: Please read "Income Tax (IT)
text: In the case of a company other than a domestic company - Rates of income-tax (i) on so much of the total income as consists of,— (a) royalties received from Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern after the 31st day of March, 1961 but before the 1st day of April, 1976; or (b) fees for rendering technical services received from Government or an Indian concern in pursuance of an agreement made by it with the Government or the Indian concern after the 29th day of February, 1964 but before the 1st day of April, 1976, and where such agreement has, in either case, been approved by the Central Government 50 per cent.