Please explain How to calculate marginal relief in case of agricultural income (partial integration)?
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First apply simple steps of partial integration:
1. Add your non agricultural and agricultural income. Compute tax (without cess and surcharge)
2. Add agriculture income and basic exemption limit. Compute tax (without cess and surcharge)
3. Step 1 – Step 2
4. Add surcharge and cess – This is your tax payable.
5. If income exceeds 50 lakhs and surcharge applicable, check for marginal relief in respect of surcharge.