limit for claiming marginal relief

Marginal Relief under the Income Tax Act, 1961 is available upto the extent the tax including surcharge exceeds the normal tax more than the amount of income exceeding Rs. 10 Lacs in case of an individual and Rs. 1 crore in case of Firms & Companies..

 For the assessment yr 9-10 marg relief is available to an individual up to the following

Individual                  10,30,590

Resident woman    10,30,140

Senior citizen            10,29,470