what is surcharge. when it is chargeable.
show all information about surcharge
Answer / mita rungta
SURCHARGE MEANS AN EXTRA FEE ADDED ON TO ANOTHER CHARGE.
The amount of income tax computed in accordance with the provisions or in section 111A or section 112 shall, in the case of every individual or Hindu Undivided Family or Association Of Persons or Body Of Individuals having a total income exceeding Rs 10,00,000/-, be reduced by the amount of rebate {if any} of income tax calculated under Chapter VIIIA, and the income tax as so reduced, be increased by a surcharge for the purpose of the Union calculated at the rate of 10% of such income tax.
Hence, no surcharge is to be levied if the total income does not exceed rs 10,00,000/-
| Is This Answer Correct ? | 4 Yes | 1 No |
Can we take input tax credit on purchasing of table and trolley for business.....
If TDS on Rent is to be charged on Rent which includes Maintenance Charges which are clearly evident, then has TDS on REnt also to be charged on Maintenance Charges?
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
pls help me make a full salary with all deduction like PF, ESI, HRA, Basic, conveyance etc with full rates% supose my salary is CTC 10660/- & give me full form of CTC
IF WE ARE WORKING IN PHARMA COMPANY & I SEND THE MEDICINE SAMPLE TO THE SALSMAN IN VARIOUS PLASE OF INDIA THAT TIME MADE INVOICE OR ANY OTHER CHALLN OR RECIEPT WHAT AS PER LAW ANY TAX APPLIED IN THE INVOICE & WHICH FORM WILL BE REQUIRED HOW TO GET IT, PLEASE GIVE ME DETAIL ALL INFORMATION WITH EXAMPLE & WHAT ENTEY OF THIS TRANSATION IN BOOKS OF ACCOUNT
What are the deductions under salary head? Name the items.
WHETHER WE CAN REIMBURSE SERVICE TAX?
Who is an assesse?
What are allowable and dis-allowable expenditure?
how to caluclate the mumbai tax with example? what is mean by credit and debit ?
what indirect tax and in that whats include
if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?