12 August 2009
Dear Sir, I have a client with an income less than 10 lakhs (A.Y.2009-10). When I add a Clubbing provision his income is more than 10 lakhs.
In this case, will the surcharge @ 10% be applicable.
12 August 2009
of course it will be applicable Here income means NTI and NTI is to after clubbing and deduction effects so surcharge will be applicable
CAclubindia
