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Section 115JB - MAT Calculation

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(Querist)
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%
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Sunil Kr. Sanganeria

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Sunil Kr. Sanganeria (Expert)
10 August 2010 It is 15%
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
10 August 2010 15% for AY 2010-11.
From AY 2011-12 rate will be 18%
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
10 August 2010 for AY 2011-12 > its 15 %
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
10 August 2010 Subhash Ji for AY 2011-12 rate is 18%.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
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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