Urgent clarification required please
This query is : Resolved
12 August 2009
Dear Sir,
I have a client with an income less than 10 lakhs (A.Y.2009-10).
When I add a Clubbing provision his income is more than 10 lakhs.
In this case, will the surcharge @ 10% be applicable.
Pl clarify
Regards
S. Anand
I have a client with an income less than 10 lakhs (A.Y.2009-10).
When I add a Clubbing provision his income is more than 10 lakhs.
In this case, will the surcharge @ 10% be applicable.
Pl clarify
Regards
S. Anand
12 August 2009
yes, surchage will be applicable on the person
12 August 2009
of course it will be applicable
Here income means NTI and NTI is to after clubbing and deduction effects so surcharge will be applicable
Here income means NTI and NTI is to after clubbing and deduction effects so surcharge will be applicable
13 August 2009
If total income exceeds Rs. 10 lakhs surcharge applicable
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