Repealed or not in force · As amended up to 2026-08
THE THIRD SCHEDULE
'(See section 4)
Super profits tax shall be charged on the amount by which the charqcable profits exceed the amount of the standard deduction, at the following rates, namely: -
(i) on an amount not exceeding `four` per cent. of the `30%` amount of capital as computed in accordance with
the Second Schedule;
`60%` -
(ii) on the balance
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Source: India Code