Surcharge on Individual Income

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Hi All,

Whether surcharge is applicable on Income Tax payable by the Individual in case income exceeds Rs.10 lakhs for the current year i.e financial year 2009-10.

 

Replies (3)

NO

Surcharge on Individuals is abolished w.e.f. FY 2009-2010

yes surcharge on individual , huf, aop, boi, ajp has been abolished w.e.f. AY 2010-11 & also on partnership


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