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company act

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(Querist)
20 July 2011 what is slab rate Pvt. Ltd. Company

if Company earn 35,00,000/- lacs Met Profit F.Y. 2010-11.

what is Income Tax paid
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
20 July 2011 Company does not have slab rate for income tax. Tax is flat @ 30% plus 3% ec. In you case, tax shall be Rs. 10,81,500.00.
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shyam

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shyam (Querist)
20 July 2011 and what is mat
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Amol Gopal Kabra (CA,CS,DISA)

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Amol Gopal Kabra (CA,CS,DISA) (Expert)
20 July 2011 MAT is Minimum Alternate Tax. It is computed and in case, the tax computed on normal provisions is lesser than the MAT, then the company has to pay MAT.
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shyam

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shyam (Querist)
20 July 2011 sir what is deffered Assest and Liabilities and how is calculate
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