marginal relief
This query is : Resolved
02 September 2009
i want to know how to calculate marginal relief and give in details :
intt u/s 234 A, B,C
intt u/s 234 A, B,C
CA. Bikash Bogi
(Expert)
03 September 2009
Concept of Marginal relief and Interest u/s 234 A,B,C are two different things.
Marginal relief means relief given in terms of tax laibility on the reason of earning little bit more.
say for ex. if your earning is 9,99,000 then there is no surcharge but if it was 1000100 then there is surcharge of 10% , by way of earning 1100 more your tax liability has been increaseh to the extent of surcharge(say Rs. 5000) The concept say that by earning 1100 more if i have to pay Rs. 5000/- then just take Rs. 1100 and give the relief of Rs.3900/- this difference is marginal relief.
Marginal relief means relief given in terms of tax laibility on the reason of earning little bit more.
say for ex. if your earning is 9,99,000 then there is no surcharge but if it was 1000100 then there is surcharge of 10% , by way of earning 1100 more your tax liability has been increaseh to the extent of surcharge(say Rs. 5000) The concept say that by earning 1100 more if i have to pay Rs. 5000/- then just take Rs. 1100 and give the relief of Rs.3900/- this difference is marginal relief.
03 September 2009
Please reefer my excel file on Int 234A, B, C, to know Interest calculations and process for the same
03 September 2009
i did not find the excel file on interest calculation u/s 234 A,B,C
03 August 2024
https://docs.google.com/document/d/1CJHp7qWIeKT-lrf5qhwPQ0peONJhc58gSxu-IOLlfCM/edit?usp=sharing
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
