Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Marginal Relief - Excess Tax due to Surcharge - The concept with illustration

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....come of one crore rupees by more than the amount of income that exceeds one crore rupees. An illustration:     Assessee ABC Assessee DEF Assessee RST Total income A. 1,00,10,000 99,99,000 1,50,00,000 Rate of Tax   25% 25% 25% Tax Liability B. 25,02,500 24,99,750 37,50,000 Amount Retained after Tax, but....