19 September 2012
I have filled ITR-6 and showed net profit after deducting all deduction & depreciation of Rs. 11 Lakhs, but at the time of tax calculation it is charging surcharge. Surcharge is applicable when domestic company net income exceeds Rs. 1 Crores, why it is charging surcharge in calculation of income tax??????
19 September 2012
There are some calculation mistakes in the excel provided by the Income Tax department. In some cases, interest is calculated excessively. write a separate letter to department.
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