EASYOFFICE
EASYOFFICE

Dt ca final please help

Page no : 2
Rohit Kalani

Rohit Kalani (Student CA Final ) (36 Points)
Replied 30 October 2014

Clearly interprete meaning of MMR...it means highest tax rate which can b applied to an individual... i.e. 30+10+3..
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Raunak Goel

Raunak Goel (B.Com, CA Final) (55 Points)
Replied 01 November 2014

Solution of PM is 100% correct...Surcharge will be charged....MMR mean 30%+10%+3%i.e 33.99%


Kajal

Kajal (Article) (24 Points)
Replied 05 November 2014

Shree, you are right that surcharge is charged only if it exceeds 1 crore, but MMR is always charged @ 33.99% only. It is correctly solved according to my opinion.You may also refer Q.50 the last line of the page, there also it is charged @ 33.99%


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