In the case of a co-operative society, surcharge is levied, where its total income exceeds ₹__________ crore.

CS Executive · Tax Laws and Practice · PYQS · June 2018
In the case of a co-operative society, surcharge is levied, where its total income exceeds ₹__________ crore.
(A) 1
(B) 5
(C) 10
(D) None of the above

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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