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Income Tax ...

Tax rates other than individuals

AOP: @ 30% if shares of members are unknown
@ 30%if total income of any member exceeds the maximum amount not Chargeable to tax.

Firm: @ 30% + Surcharge @10% + EC@2% + SHEC @1%

Companies: (Domestic): @ 30%+Surcharge @ 10% +EC@ 2% + SHEC@ 1%
(Foreign) :

Co-operative societies:

Local Authorities: @ 30%+ EC & SHEC (as in co-operative societies)

Penalty

Nature of default	Penalty (in addition to paying tax and interest)
Failure to collect whole or any part of the commodities transaction tax by assessee	100% of the amount of commodities transaction tax which is not collected by the assessee
Failure to pay tax to the Central Government	Rs. 1,000 for everyday during which the failure continues (subject to the maximum of 100% of commodities transaction tax)
Failure to famish return	Rs. 100 for everyday during which the failure continues
Failure to comply with notice	Rs. 10,000 for everyday during which the failure continues