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MAT OR CORPORATE TAX

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Querist : Anonymous

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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

21 June 2011 U WILL HAVE TO PAY MAT AT 19.9305 OF BOOK PROFIT

CA MANOJ GUPTA
JODHPUR
09828510543



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