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Computation of marginal relief

Direct Taxation

What is the reason for including "tax @ 100% of income in excess of Rs. 5 crore" while calculating marginal relief??

Sainisha Ramesh

Sainisha Ramesh

CA Inter

★ 200

07-Apr-21 20:25

669

Answers (4)

there is no reason its written in law , no marginal relief for income more than 5 lacs

ak

CA Inter

★ 110

08-Apr-21 00:33

Thanks for clearing my doubt

Thread Starter

Sainisha Ramesh

Sainisha Ramesh

CA Inter

★ 200

08-Apr-21 00:34

Plz watch video 21 from first module "Basic Concepts" . The logic is given clearly

Sudha Reddy

Sudha Reddy

CA Final

★ 20K+

08-Apr-21 11:28

Thank you so much

Thread Starter

Sainisha Ramesh

Sainisha Ramesh

CA Inter

★ 200

08-Apr-21 11:30

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