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Surcharge in AY 2019-20

Akash Jain (9 Points)

08 April 2022

What is the Surcharge in AY 2019-20 for individual.

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ALAMELU.N.N (student) (258 Points)
Replied 10 April 2022

For AY 2019 20,Surcharge is levied @ 10% on the amount of income-tax if net income exceeds Rs 50 Lakh but doesn’t exceed Rs. 1 crore and @ 15% on the amount of income tax if net income exceeds Rs. 1 crore.

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