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37% Surcharge Deleted on AOP Income Below ₹50 Lakh: Mumbai ITAT

20 Aug 2026 · 20 Aug 2026By CA Sandeep Kanoi

ITAT Mumbai deletes 37% surcharge on AOP income below ₹50 lakh, holding surcharge applies only when the prescribed Finance Act threshold is crossed. The post 37% Surcharge Deleted on AOP Income Below ₹50 Lakh: Mumbai ITAT appeared first on TaxGuru .

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