The rate of tax and the rate of surcharge applicable on a firm including Limited Liability Partnership for AY 2020-21 is:
A. 30% & 12% respectively
B. 25% & 10% respectively
C. 30% & 10% respectively
D. 25% & 12% respectively
Answer:A
The rate of tax and the rate of surcharge applicable on a firm including Limited Liability Partnership for AY 2020-21 is:
A. 30% & 12% respectively B. 25% & 10% respectively C. 30% & 10% respectively D. 25% & 12% respectively