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Querist : Anonymous (Querist)
24 June 2010 Is Surcharge and Education Cess to be applied on Minimum Alternate Tax u/s 115JB to compute Tax on Book Profit?

24 June 2010 YES SERCHARGE( 1 CRORE LIMIT)EDUCATION CESS & H. CESS IS APPLICABLE WHILE CALCULATING MAT.

24 June 2010 agreed with pyne surhcarge is if book profit is exceed Rs.1crore, while ed cess & H.ed cess is applicable without any limit




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