What is the MAT rate for AY 2010-11 & 2011-12
Sivaguru SM (Tax Consultant) (235 Points)
29 December 2010What is the MAT rate for AY 2010-11 & 2011-12
CA Ayush Agarwal
(Kolkata-Pune-Mumbai)
(27186 Points)
Replied 29 December 2010
A.Y 2010-11 - 15%
A.Y. 2011-12 - 18%
+SURCHARGE 7.5% IF INCOME EXCEED 1 CR.
+ EDUCATION CESS @ 3%
Amit Singh
(Chartered Accountant)
(270 Points)
Replied 29 December 2010
For A.Y. 2010-11 surcharge is 10 % & Edc. cess 3 % other details are explained by freind Ayush
Thanks
Sivaguru SM
(Tax Consultant)
(235 Points)
Replied 29 December 2010
Thank you both Mr. Ayush and Amit
Excel Mastery Program