Computation of capital base for deduction standard deduction - calculation of sur tax

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.... profits over the standard deduction. The chargeable profits are computed in accordance with the provisions of the First Schedule, while the standard deduction is 10% of the capital of the company as computed in accordance with the provisions of the 2nd Schedule or Rs.2 lakhs, whichever is greater. In computing the capital base for calculating the standard deduction, under rule 4 of the 2nd schedu....