Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS MAT? PL. DON'T GIVE BRIEF NOTE.
- 3 Answers
- 6691 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / bk
MAT is Minimum alternativ Tax
Some company having no profit in such case the company is
liable to pay certain amount of tax.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / manoharnsr
MAT means minimum alternate tax. MAT is that amount of tax
which has to be paid by the assesse up on the due date.
Usually advance tax is paid by assessees on certain dates
on quarterly basis and at times the advance tax paid may
exceed the tax payable for that period and the assessee
need not pay any tax for the income generated during that
quarter.
Since this will hinder the cash flows of teh government the
assesse is made to pay an alternate tax on the incomes of
that quarter using a method of calculation.
It may not possible to explain the full calculation but
this can give you an idea about MAT. you should read some
material to have a better advantage.
| Is This Answer Correct ? | 0 Yes | 2 No |
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
Expand---------SPRT
what is the meaning of prepaid insurance and outstanding salary? please explain with example.
what do Loan Loss Coverage Ratio mens describe it with examples?
EXPAND___________NSA
what is BRS
27 Answers Cap Gemini, Capital IQ, Genpact, LUX, Muthoot Group,
What is GAAP ?
can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com
what is journal?
What type of report and accounts should a company prepare?
Are service charges made on tenants' property rental to be regarded as incoming resources?
Hi..! Frineds plz give a suggesion.I want to join in m.com (i.s.), What is features of this course.
Audit 
