Surcharge

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Whether applicability of Surcharge @ 10% in case of Assesses having taxable Income of Rs. 50lacs or more. Whether this Surcharge is to be followed as a slab rate or a flat rate?
Replies (2)

Flat rate subject to marginal relief.

Thanq Sir,

Whether Marginal relief is applicable for Assesses having taxable Income of between Rs. 50 lacs and Rs. 1 Crore as well.


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