Question:

Is it possible to down load the latest circular showing rate of Income tax for handicapped pensioners

by Guest61589  |  earlier

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I am interested to know the latest income tax rates of income tax department.

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  1. Rate of Income Tax is made applicable as per your "status" as per the Income Tax Act e.g. Individual, HUF, partnership Firm, Company etc.,. There is no seperate rate of tax for handicaps but they do have certain amount of deduction from income under section 80U. It is better you consult tax consultant.    


  2. Yes, u can log in to the official website of Income Tax Department "Incometaxindia.gov.in" for the latest circulars and income tax rates

  3. Read about India Income tax rates for financial year 2008-09 (assessment year 2009-10): http://mytaxes.in/index.php?topic=7.0

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