Dear All,
My client have received Intimation for AY0910. I don't know how they calculated Marginal relief thereof.
Please explain me how this figures arrived.
AY0910- Male assessee
| Net Income | 1015030 | |
| tax | 209509 | |
| add: Surcharge | 20950 | |
| less: marginal relief | 9024 | 11926 |
| Add: Cess | 6643 | |
| Total Tax | 228078 |
| Originally posted by : Suresh | ||
 |
Dear All, My client have received Intimation for AY0910. I don't know how they calculated Marginal relief thereof. Please explain me how this figures arrived. AY0910- Male assessee Net Income 1015030 tax 209509 add: Surcharge 20950 less: marginal relief 9024 11926 Add: Cess 6643 Total Tax 228078 |
 |
Before Margin Relief
Net Income 1015030.00
Tax 209509.00
Surcharge 20950.00
Cess 6913.00
Total Tax 237372.00
After Margin Relief
Net Income 1015030.00
Tax 209509.00
Cess 6285.00
Income More than 10L 15030.00
Total tax230824.00
Margin Relief will be 6548.00
Marginal Relief Amount should be Rs. 9024/- which is as per Intimation only.
can anyone help??
Where should i enter the amount of ,margina;l relief in case of filing of Online Excel ITR..
Plz..help..its urgnt..
CAclubindia
