Surcharge _ a double taxation effect

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Dear CA Club members,

Please clarify me on the below concept :

The payment of the surcharge by the companies will result in double taxation effect. i.e  the tax on the already levied tax. How can this be avoided? Why it is created in the tax laws being known the circumstances of double taxation ?

Replies (1)
It can't be avoided as such as it is levied only if total income exceeds 1 crore subject to marginal relief.


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