For a domestic company whose turnover never been above ₹ 400 Crore, the minimum amount of total income liable for a surcharge and the rate of surcharge applicable therein are:

Question:For a domestic company whose turnover never been above ₹ 400 Crore, the minimum amount of total income liable for a surcharge and the rate of surcharge applicable therein are:

1.₹ 10 Crore and 10% respectively

2.₹ 1 Crore and 7% respectively

3. ₹ 1 Crore and 12% respectively

4. ₹ 10 Crore and 5% respectively


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