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Categories  >>  Accounting  >>  Taxation
 
 


 

 
 Audit interview questions  Audit Interview Questions
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions
 Taxation interview questions  Taxation Interview Questions
 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
What is MAT ?
 Question Submitted By :: Sudhakar
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What is MAT ?
Answer
# 1
It is Minimum Alternative tax. It is levied on Book profit 
it ignores Accounting profit, Even if you have accounting 
loss companies should pay MAT
 
Is This Answer Correct ?    4 Yes 0 No
Mohd Abdul Qader
 

 
 
 
Other Taxation Interview Questions
 
  Question Asked @ Answers
 
I'm collecting TDS Certificate from one of our Customer for Ass. Year 2002-03 today and request IT Dept. to allow this as part of rebate to me, will they allow?? What IT Act says on this. Voltas1
what r the deductions from salary ?  12
What is entry tax  1
is tax good or bad?  4
What are the exemptions from salary Influx-Info-Solutions4
CAN DVAT CREDIT IS TO BE TAKEN ON COMMERCIAL INVOICE? Alpack1
what is defered revenue tax Animaster2
Define the 'Input Tax' in respect of Service Tax Act. What type of Input tax can be taken for the credit of tax payble?  1
What do you mean by an Inter-state Sale. How does it taken Place in a state???? ICAI1
TDS form for Salary. TCS2
SMS SERVICE PROVIDER'S BILL (TDS APPLICABLE OR NOT) Emerson2
Pass a entry for salary payment basic 5000, HRA 3000, Medical 200, TDS 500 Adv 200 & deducted PF with narration.  2
hi i want to know that what r all the component which r applicable for tax in salary,whether it is payable or reimbursement  1
What is Entertainment Tax?  4
what is meaning the central excise duties  2
TDS rate for Building Maintenance ????  2
Which form we use for depositing FBT?  1
what r the heads of taxation Mphasis5
What is MAT ? Focus3
What are TDS rates for the year 2007-08 Syntel2
 
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