In what percentage basis should we calculated deferred tax on proprietorship firm.

Average rate ma nikalne. 

First calculate the tax as per slab rate. 

Then calculate the average rate. 

For example if for an income of Rs 700000, tax as per slab rate will be 

first 500000 - 1 % - 5000

Next 200000 - 10% - 20000

total tax = 25000

Now average tax rate is = 25000/700000* 100% = 3.57%