https://www.taxtmi.com/caselaws?id=774800 ITAT Pune held that surcharge at 37% levied by CPC was incorrect as surcharge applies only when total income exceeds Rs. 50 lakh. Since assessee's income was below this threshold for both years, no surcharge was leviable. The tribunal found assessee correctly computed tax liability in returns filed. Impugned orders were set aside and appeals allowed for both years. en-us Tue, 13 May 2025 00:00:00 +0530 Tue, 15 Jul 2025 08:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774800 ITAT Pune held that surcharge at 37% levied by CPC was incorrect as surcharge applies only when total income exceeds Rs. 50 lakh. Since assessee's income was below this threshold for both years, no surcharge was leviable. The tribunal found assessee correctly computed tax liability in returns filed. Impugned orders were set aside and appeals allowed for both years. Case-Laws Income Tax Tue, 13 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774800