Pls help surcharge applicable or not

This query is : Resolved 

21 September 2011 dear experts,
gross total income(business) -1.20 crore
80 IC deduction -34.65 lakh
Net Assessble income -85.35

whether surcharge applicable 7.5% or not??


Thanks,
Nitin Bhatt

21 September 2011 SINCE TOTAL INCOME AFTER DED UNDER SECTION 80-IC IS LESS THAN 1 CRORE SO NO SURCHARGE

CA MANOJ GUPTA
JODHPUR
09828510543

21 September 2011 Surcharge is not applicable in your case


Abhishek Ranjan Singh
ARS Solutions
email2ars@gmail.com
+91 9022838615


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