Urgent clarification required please


This query is : Resolved 

12 August 2009 Dear Sir,
I have a client with an income less than 10 lakhs (A.Y.2009-10).
When I add a Clubbing provision his income is more than 10 lakhs.

In this case, will the surcharge @ 10% be applicable.

Pl clarify
Regards
S. Anand

12 August 2009 yes, surchage will be applicable on the person

12 August 2009 of course it will be applicable
Here income means NTI and NTI is to after clubbing and deduction effects so surcharge will be applicable

13 August 2009 If total income exceeds Rs. 10 lakhs surcharge applicable


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query