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Asked by Pankaj on :Jul. 03, 2018

What is marginal relief under the income tax act?

What is marginal relief under the income tax act?

What is marginal relief under the income tax act?

0

Jeeba Jul. 03, 2018

The primary reason behind the introduction of marginal relief is to facilitate relaxation from levy of surcharge to a taxpayer when the total income exceeds slightly more than Rs. 50 lakhs or Rs. 1 crore or 10 crores as the case may be.

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