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Surcharge

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Querist : Anonymous (Querist)
31 May 2014 WHETHER SURCHARGE IS APPLICABLE TO INDIVIDUAL OR NOT -HAVING INCOME MORE THAN 1 CRORE
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C.A. Mayur J. Raiyani

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C.A. Mayur J. Raiyani (Expert)
31 May 2014 Yes, if income of individual exceeds 1 cr, SC is 10%. Remember, Surcharge is a tax on tax.

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