Dear Members
What will be the rate of FBT in case of firm & companies having taxable income of Rs. 1 Crore or less for the A.Y. 2008-09??
Will it be 30.99% i.e. 30% + (2%EC+1% SHEC) or 33.99% i.e.30%+10%+(2%EC+1% SHEC).
Regards
Komal Mantri
Miss Komal Mantri (Chartered Accountant ) (1974 Points)
01 September 2007Dear Members
What will be the rate of FBT in case of firm & companies having taxable income of Rs. 1 Crore or less for the A.Y. 2008-09??
Will it be 30.99% i.e. 30% + (2%EC+1% SHEC) or 33.99% i.e.30%+10%+(2%EC+1% SHEC).
Regards
Komal Mantri
Miss Komal Mantri
(Chartered Accountant )
(1974 Points)
Replied 01 September 2007
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