Surcharge on Partnership firms
This query is : Resolved
17 June 2008
respected all,
Is surcharge rate@ 10% is applicable even if a partnership firm makes a turnover below 1 crore.Is surcharge is compulsory to the firms.
pls clarify,
thanks.
Is surcharge rate@ 10% is applicable even if a partnership firm makes a turnover below 1 crore.Is surcharge is compulsory to the firms.
pls clarify,
thanks.
17 June 2008
if net prfit is in excee of rs one crores then surcharge is applicable
17 June 2008
if the total income of the Firm exceeds Rs. 1 crores, then sc @ 10 % is applicable.
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