https://www.taxtmi.com/forum/issue?id=120811 Surcharge liability is determined with reference to the Total Income and not individual components. Tax computation must allocate tax to each income component and apply the appropriate surcharge rate, with a statutory cap limiting surcharge on certain specified income categories. For marginal relief the tax (including surcharge) on the actual Total Income must be compared to the sum of tax (including surcharge) on the threshold total income and the excess of Total Income over that threshold; thus the Total Income is used in the marginal relief test. en-us Thu, 12 Mar 2026 15:59:16 +0530 Mon, 16 Mar 2026 14:35:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120811 Surcharge liability is determined with reference to the Total Income and not individual components. Tax computation must allocate tax to each income component and apply the appropriate surcharge rate, with a statutory cap limiting surcharge on certain specified income categories. For marginal relief the tax (including surcharge) on the actual Total Income must be compared to the sum of tax (including surcharge) on the threshold total income and the excess of Total Income over that threshold; thus the Total Income is used in the marginal relief test. Discussion-Forum Income Tax Thu, 12 Mar 2026 15:59:16 +0530 https://www.taxtmi.com/forum/issue?id=120811