Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / mubin saiyed
MAT is minimum alternative tax section 115JA was replaced by
section 115JB for assessment years 2001-02 onwards. As per
this section, your normal tax payable is to be compared with
7.5% of your book profits and you are required to pay the
higher of the two. From assessment year 2007-2008 onwards
your normal tax payable will be compared with 10% of book
profits are your required to pay the higher of the two.
Credit for MAT paid can be carried forward under section
115JAA for 5 years.
| Is This Answer Correct ? | 56 Yes | 14 No |
Post New Answer View All Answers
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY
Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c
for applying way bill for to send the materials from one state to onother state for a part load ( not full exclussive truck load)through transporter,dose it required vehical registration number or only transporter details can do.(as for part load , transporter unable to inform the vehical number in advance).kindly advise.
which items should be covered the Entry Tax by HP Govt instead of Purchased
can we purchase software agaist Form under In the telecommunications network; or
which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?
Does the tax liability of an individual get affected due to his residential status? If yes, explain.
Physician samples should be charged under CST @ 5% manufactured in H.P. and transferred to other states
Who are non resident?
WHAT IS THE PORVISION OF INCOME TAX & SELF ASSESSMENT TAX AFTER AUDIT IN PVT LTD CO & LTD CO , PLEASE GIEVE ANSWER IN DETAIL WITH ENTERY TO MY E-MAIL ADDRESSS
what should be the research and methodology of business taxation?
WHAT IS CORPORATE TAX ?
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
