Minimum alternative tax
This query is : Resolved
26 September 2008
If book profit of a company exceeds Rs.1 crore the MAT cannot exceed following
(Rs 10 Lakh+Book profit-1Crore )+EC+SHEC
What is that meaning
(Rs 10 Lakh+Book profit-1Crore )+EC+SHEC
What is that meaning
29 September 2008
Means in case of above 1 Crore ,least of below two will be paid
1.Normal MAT calculated
2.(Rs 10 Lakh+Book profit-1Crore )+EC+SHEC
1.Normal MAT calculated
2.(Rs 10 Lakh+Book profit-1Crore )+EC+SHEC
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