MAT OR CORPORATE TAX
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 June 2011
Dear Sirs,
our company earned book profit (profit before income tax) of Rs. 2.00 Crores and as per tax computaion our net taxble income is 65.00 Lacs.
So, How to calulate income and which tax is applicable whether MAT or corporate Tax.
Please help us
Regards
Ayyappa
our company earned book profit (profit before income tax) of Rs. 2.00 Crores and as per tax computaion our net taxble income is 65.00 Lacs.
So, How to calulate income and which tax is applicable whether MAT or corporate Tax.
Please help us
Regards
Ayyappa
21 June 2011
U WILL HAVE TO PAY MAT AT 19.9305 OF BOOK PROFIT
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
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