As per Income-tax Act, 1961 surcharge @ 12% is payable by a domestic company if the total income exceeds:

Question:As per Income-tax Act, 1961 surcharge @ 12% is payable by a domestic company if the total income exceeds:

1. ₹ 10 lakh

2. ₹ 1 Crore

3. ₹ 10 Crore

4. ₹ 100 Crore


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