SURCHARGE

I THINK THERE IS NO PARTICULAR SECTION FOR MARGINAL RELIEF .

IF THE INCOME OF AN INDIVIDUAL EXCEEDS 1000000 THAN THE  INCOME TAX PAYABLE ON SUCH ADDITIONAL INCOME SHOULD NOT EXCEED ADDITIONAL INCOME.

FOR EX : IF INCOME IS 1020000.

INCOME TAX ON 1020000 IS 280500(MALE)(INCLUDING SURCHARGE)

AND INCOME TAX ON 1000000 IS 249000

INCOME TAX INCREASE 31500

BUT INCOME EXCEEDS 20000

SO WE'LL GET RELIEF OF 31500-20000 = 11500

IT HAS VER LITTLE EFFECT THAT IS DUE TO SURCHARGE .

IT WILL BENEFIT TILL 1030000