IIncome Tax Rates For
Co-operative Societies
Total Income
|
Income
Tax Rates
|
Up to Rs.10,000
|
10%
|
Rs. 10,001 to Rs. 20,000
|
20%
|
Rs. 20,001 and above
|
30%
|
(1) A 10% surcharge is applicable if the total income exceeds Rs.
10,000,000. Marginal relief available
(2) A 3% education cess is applicable on income-tax (inclusive of
surcharge, if any).
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