surcharge

138 views 1 replies
whether there is surchage on tax of capital gain
lets say
total income in FY 2016-17
RS 8,00,00,000 in this
LTCG income is 2,00,00,000 (LTCG 2 cr* 20% 40 lac)
whether we should charge the surcharge on the LTCG Tax of rs 40 lac
Replies (1)
Surcharge is calculated on all tax including tax on capital gain.


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