the surcharge has been removed for individuals but is still applicable to companies so would relief apply to such companies or has relief been scrapped altogether?
Thanks.
Kumar (Student) (83 Points)
26 April 2010the surcharge has been removed for individuals but is still applicable to companies so would relief apply to such companies or has relief been scrapped altogether?
Thanks.
MOHIT MAHAJAN
(LCS, ACA)
(2050 Points)
Replied 26 April 2010
Marginal Relief of (tax on 1 crore) + (total income-1crore) is still available to a company