Long term capital gain > 1 crores -surcharge applicable?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2014
Dear Sir,
Kindly confirm if the income from Long Term Capital Gain exceeds Rs.1 Crore, whether the Surcharge @ 10% and Education Cess @ 3% is applicable?
Kindly confirm if the income from Long Term Capital Gain exceeds Rs.1 Crore, whether the Surcharge @ 10% and Education Cess @ 3% is applicable?
30 June 2014
Pls clarify whether the assessee is individual or company.
In case of the domestic comoany surcharge @ 5% is charged if the total income exceeds Rs. 1 crore.
Here the concept is of total income and not of source of income.
In case of the domestic comoany surcharge @ 5% is charged if the total income exceeds Rs. 1 crore.
Here the concept is of total income and not of source of income.
30 June 2014
yes on individual also surcharge applicable if income is exceeds one crores.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2014
Yes, This is for Individual
30 June 2014
yes also applicable for individual.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
