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Amendment of sec40b

This query is : Resolved 
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(Querist)
28 September 2010 plz let me know new slab rate for AY 2010-11 for professional firms u/s40b its urgent
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CA Navin Jain

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CA Navin Jain (Expert)
28 September 2010 if book profit is negative rs. 150000

in the case of positive profit

on first rs. 3L book profit rs. 1.5 L or 90 % of book profit whichever is more


on the balance book profit -- 60% of book profit

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