17 October 2011
step1: calculate tax on 1core and 1 lac (don't add surcharge and Ecess and SHcess) (Tax=10100000*30%=3030000 Add surchare: 303000 Total=33,33,000)
Step2:calculate tax on 1core (tax=1core*30%=30lac)
Step3:calculate amount in excess of 1 crore(here 1.01-1=1lac)
Step4:verify the difference between step1-step2 if the difference(step1-step2)more than the step 3 then marginal relief available other wise no.(here 3333000-3000000=333000AND step3 is 100000,hence difference is higher than the step3 hence marginal relief is available)