What is the assessment year 2013 14?
Income tax rates for AY 2013-14/ FY 2012-13
| Total Income | Tax Rates |
|---|---|
| Upto Rs. 200,000* | Nil |
| 200,001 to 500,000 | 10% |
| 500,001 to 10,00,000 | 20% |
| Above Rs. 10,00,000 | 30% |
What is the rate of tax of male individual for the assessment year 2011 to 2012?
Income Tax Rate for FY 2011-12 or AY 2012-13
| Tax rate | Men | Very senior Citizen (Age above 80) |
|---|---|---|
| Nil | 180000 | 500000 |
| 10% | 180001 to 500000 | – |
| 20% | 500001 to 800000 | 500001 to 800000 |
| 30% | Above 800000 | Above 800000 |
Which is the income tax form for 2012-13?
Income Tax Return form for assessment year 2012-13 has been released by Income Tax department .ITR-1 (Sahaj) ,ITR-2 ,ITR-3, ITR-4 and ITR-4S ( sugam) has been released .Now ITR-5 and ITR-6 has also been released in paper form .For most of the assessee ITR-5 is required to be filed through efiling .
When to file tax return for AY 2012-13?
For Financial year 2011-12 (ay 2012-13) belated (late) return can be filed by 31.03.2014 (i.e one year from end of assessment year 2012-13 ending 31.03.2013) No revision : Late (belated ) return Can not be revised.
Where to file ITR 6 for assessment year 2012-13?
ITR-6 can only be filed through e filing mode.Further E filing of income Tax return for assessment year 2012-13 has been started at incometaxindia efiling site . E filing software form in excel can be download free from the link
Are there any tax surcharges for FY 2012-13?
There will be no surcharge on income tax payments by individual taxpayers during FY 2012-13 (AY 2013-14). 2.3.1 Education Cess on Income tax: The amount of income-tax shall be increased by Education Cess on Income Tax at the rate of two per cent of the income-tax.