Dear friend
what is the basis of charging surcharge on salary income if it exceeds Rs.1000000
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surcharge on tax above 1000000
Replies (7)
Hi Friend
Surcharge is 10% of income tax if net income of an individula , huf, AOP ,BOI , exceeds Rs 1000000
with ragard
Rajesh
Surcharge is 10% of income tax if net income of an individula , huf, AOP ,BOI , exceeds Rs 1000000
with ragard
Rajesh
Hi
Thanks for the info.ie if taxable income is Rs.1000100 then surcharge will be charged on 255030 or on 30 Rs.only if it is on 255030 is big loss for employee.
Thanks for the info.ie if taxable income is Rs.1000100 then surcharge will be charged on 255030 or on 30 Rs.only if it is on 255030 is big loss for employee.
Hi
Thanks for the info.ie if taxable income is Rs.1000100 then surcharge will be charged on 255030 or on 30 Rs.only if it is on 255030 is big loss for employee.
Thanks for the info.ie if taxable income is Rs.1000100 then surcharge will be charged on 255030 or on 30 Rs.only if it is on 255030 is big loss for employee.
Hi Friend
surcharge 10% on Rs 250030
With Ragard
Bajaj
hi Dear,
there is no surchrge for Asst year 2008-2009,
for Asst Year 2007-08 it was 10% on total income
there is no surchrge for Asst year 2008-2009,
for Asst Year 2007-08 it was 10% on total income
Dear Basavarajmvca
for Asst year 2007-08 Surcharge was 10% on income tax Not on [b]Total Income[/b]
SURCHARGE OF 10%
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