Easy Office
Easy Office

Minimim Alternate Tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
27 July 2009 Could anybody answer the following:-
What is the formula for calculation of MAT for COMPANIES as well as for PARTNERSHIP FIRMS?
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
27 July 2009 Minimum alternative tax is not applicable for partnership firms. It is applicable only for corporate assessees. For details you may refer section 115JB of the Income tax act,1961 in www.incometaxindia.gov.in because a brief answer for the query is not possible.
Profile Image

CA Devanshi Gandhi (Ajani)

Profile Image

CA Devanshi Gandhi (Ajani) (Expert)
27 July 2009 agree with the expert
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links