12 May 2013
MMR is 30% and it is not calculated by any formula.
Guest
Guest
(Expert)
12 May 2013
As Per section 2(29C) of act:- it means the rate of income-tax (including surcharge, if any)applicable in in the case of an individual as highest slab of income (and also in a case of association of persons or body of individuals] as specified in the Finance Act of the relevant yea
CAclubindia
