When Surcharge applicable in corporate tax

This query is : Resolved 

19 August 2009 I confused whether surcharge is applicable turnover Rs.1.00 Crore or taxable income is 1.00 Crore

Kindly let me know

19 August 2009 turnover

19 August 2009 Taxable income not turnover


19 August 2009 Surcharge in case of company will be applicble in case the taxable income exceed Rs.1 crore.

19 August 2009 Surcharge will be levied on company in case the total taxable income exceed Rs.1 crore.

19 August 2009 Surcharge is applicable if the Total Income exceeds Rs.1 crore.



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