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Querist : Anonymous

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Querist : Anonymous (Querist)
16 February 2013 1. every domestic company having total income exceeding rs 1crore then the income tax shall be increased by the surcharge at the rate
a) 5% b) 10% c)7.5% d)2% on such income tax?
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Pankaj Joshi

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Pankaj Joshi (Expert)
16 February 2013 For the A.Y. 2012-13 & A.Y. 2013-14, surcharge is 5% for the domestic companies if total income exceeds Rs 1 crore

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