Total income

This query is : Resolved 

14 March 2008 sir
in the case of company surcharge is applicable if total income exceeds 1cr.
in this total income inthe sense taxable income or before deducting expenses and deductions

14 March 2008 Dear Nagendra,

In case of Company Surcharge is applicable for all the cases. There is no 1 Cr. restriction .


15 March 2008 THE SURCHARGE IS APPLICABLE TO ALL COMPANIES ,THE LIMIT OF RS. 1 CRORE APPLIES ONLY IN CASE OF TDS DEDUCTION




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