29 October 2007
If any individual's income falls in the slab where he has to pay surcharge on the base tax rate.And in the situation where he gets refund on the excess deduction,does the refund amount includes the surcharge.
29 October 2007
You get refund of amount paid minus payable you .........paid may or may not include surcharge ......depending on the facts of the case
CAclubindia
