Is any one tell me which section is applicable for surcharge???
Amir
(Learner)
(4016 Points)
Replied 02 January 2010
Dear Ajay,
RATES OF TAXES ABD SURCHARGE ARE NOT MENTIONED IN ANY SECTION/RULE..THERE IS FIRST SCHEDULE TO EVERY FINANCE ACT WHERE RATES OF TAXES AND SURCHARGE ARE MENTIONED
CA.Sonia
(professional)
(517 Points)
Replied 03 January 2010
Ya there are four schdeules under which it makes out the surcharge fall under the first schdeule
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