hi sireesh! can you please elaborate you question a bit more so that it clear to us. do you want a statement that calculates Taxable Income based on your accounting records and other information that you input in Tally ERP 9?

or do you want to see the current years Income Tax Rate information in the Income Tax Liability Account?

i am not sure what you want. can you clarify it for me?

hey sireesh, i guess the changes in tax rate is not regular, it occurs yearly. and the change should be done manually.