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Surcharge

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27 September 2019 An individual having a business income of Rs.48 lakhs and capital gains of Rs. 5 lakhs whether surcharge will be applicable in above case?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 September 2019 Surcharge: 10% of income tax, where total income exceeds Rs.50 lakh up to Rs.1 crore.
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CA Ankur Tripathi

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CA Ankur Tripathi (Expert)
27 September 2019 yes because aggregate income exceeds Rs 50 Lacs




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