Question ID :
44788
082701
In budget 2025 Up to 12 Lacs Deduction of Rs 60000 can be obtained under sec 87A If taxable income is 1220000 whether tax liability will be 63000 plus Surcharge or Rs 20000 plus surcharge
Posted by
Mahesh Kumar
on
Feb 02, 2025
Filed Under
DIRECT TAXES
Why surcharge came here? Marginal Tax Relief will be available.
Posted by
VINAY BHARGAV KUMAR G on
Feb 03, 2025
Answer ID :
85648
I hope marginal relief would be available...I will get back to you soon
Posted by
SIVADAS CHETTOOR on
Feb 06, 2025