Surcharge
This query is : Resolved
Prithvi Krishna
(Querist)
10 September 2012
Surcharge is applicable to total income or profit of the company
Pankaj Gupta
(Expert)
10 September 2012
Every domestic co. will have to pay a surcharge of 5% of INCOME TAX if total income exceeds Rs 1 crore.
While in case of foreign co. surcharge rate is 2%.
While in case of foreign co. surcharge rate is 2%.
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Prithvi Krishna
(Querist)
13 September 2012
thanq sir...
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