Total income before deduction is 5200000 and after deduction 4500000 is surcharge applicable
When is surcharge applicable is totla income before deduction is 5000000 or after deduction 5000000.
2 Replies
JATINDER KUMAR
(Accountant)
(3662 Points)
Replied 28 October 2020
No, Surcharge on Income Tax will be applicable after deductions
ayusmita
(Tax consultant)
(5885 Points)
Replied 29 October 2020
Surcharge will be levied on the taxable income.
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