query on surcharge limit

1291 views 1 replies
Hi
I want to enquire whether the aggregation of agriculture income with other income is just for the calculation of tax liability or is to be considered while calculating surcharge limit also.

Please reply ASAP.

Thanks

Regards
Komal
Replies (1)
The surcharge is calculated on taxable income (i.e) Income after rebate for agri income. Hence the aggregation is only for ca;culating tax liability


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