SURCHARGE


This query is : Resolved 

26 September 2009
Dear Friends

Is there any surcharges for domestic company even if net income is less than One Crore for FY 2008-2009 (AY 2009-2010)

Regards
Ajith

26 September 2009 No,
if we made a payment exceeding then Surcharge will be applicable.

26 September 2009 agree

CP Ram (Expert)
26 September 2009 No, surcharge is not applicable if the net income of domestic company is less than Rs.1 crore for the f.y. 08-09 and a.y. 09-10..


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