Surcharge applicable to Individual/HUF/AOP/BOI/Artificial juridical persons



Quick Summary
This article clarifies the surcharge rates applicable to Individuals, HUFs, AOPs, BOIs, and Artificial Juridical Persons under Income Tax Law. It outlines different surcharge tiers based on total income, from nil for incomes up to Rs. 50 lakhs to 37% for incomes over Rs. 5 crores. Crucially, it explains that if total income includes dividend income or capital gains taxed under sections 111A and 112A, the surcharge on this 'special income' is capped at 15%. Several case studies illustrate how these rules apply in practice, particularly when special income is combined with other income.

We all well know that surcharge rates applicable to Individual/ HUF/ AOP/ BOI/Artificial juridical persons under Income Tax Law are: Up to Rs. 50,00,000 - Nil Rs. 50,00,001 to Rs. 1,00,00,000 - 10% Rs. 1,00,00,001 to Rs. 2,00,00,000 - 15% Rs. 2,00,00,001 to Rs. 5,00,00,000 - 25% More than Rs. 5,00,00,000 - 37% (Budget 2023 - proposed it as 25%) However, If Total Income Includes dividend income and capital gains chargeable to tax u/s 111A and 112A, then the surcharge rate on su
Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited Articles Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)

3 Months PLAN
999
(Excl. of GST ₹179)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience.


Comments :

Related Articles


Loading


Popular Articles





CCI Pro

CCI Articles

submit article


Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details