Section 115JB - MAT Calculation
This query is : Resolved
10 August 2010
What will be the rate applicable for calculation of tax on Book Profit u/s 115JB for A.Y.2010 - 11...?
is it 10% or 15%
is it 10% or 15%
10 August 2010
It is 15%
10 August 2010
15% for AY 2010-11.
From AY 2011-12 rate will be 18%
From AY 2011-12 rate will be 18%
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10 August 2010
for AY 2011-12 > its 15 %
10 August 2010
Subhash Ji for AY 2011-12 rate is 18%.
10 August 2010
Yes for A. Y. 2011 - 12 rate is 18% as mentioned by Sanjayji. Subhash please check ur answer.
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