Interested to Buy Any Domain ? << Click Here >> for more details...
What is meaning of MAT? please explain in detail with an
example?
- 10 Answers
- 59879 Views
- I also Faced
- E-Mail Answers
Answer Posted / shibi
The concept of Minimum Alternate Tax (MAT) was introduced in the direct tax system to make sure that companies having large profits and declaring substantial dividends to shareholders but who were not contributing to the Govt by way of corporate tax, by taking advantage of the various incentives and exemptions provided in the Income-tax Act, pay a fixed percentage of book profit as minimum alternate tax.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
what are the slab rate for F Y 2010-11
How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.
anybody pls tell me about the service tax
what is cenvat credit? plz tell service tax interest rate and watz it procedure...
How to reconcilation of modvat
What items come under deferred tax liability?
HOW TO FILE RETURN- SALARIED PERSON GETTING SALARY 6 MONTH FROM ONE & 6 MONTH ANOTHER COMPANY
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
how to calculate and submit to the concerned authority of pf,esi,pt. explaine?
where is applicable WCT & what is limitation for applicable it on company.
Why service tax payable is not considered while calculating Wct Tds.
What is the due date of P.Tax return filing for Staff? Yearly Tax amount with Rs. 30,000/-
