WHAT the method of calculate MAT
- 2 Answers
- 8048 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / luv
mat is calculated under section 115JB inserted by finance
act. it is calculated by getting out 10% of book profits
for assessment year 2010-2011 bt foryr 2011-2012 its
15% of book profits
| Is This Answer Correct ? | 12 Yes | 9 No |
Answer / kalpana dudhate
M Vat calculate On Billing basis
sales bill is vat is called out put of vat
purchase bill,expense bill,assets bill vat is called input
of vat
vat = out put - (less) input
balance amt is vat payable
note: assets vat is only take input take on 3% set off
| Is This Answer Correct ? | 6 Yes | 3 No |
Expand-------CSNA
Difference between a pay-order and draft?
Taxation work in tally
Choose the right answer Which of the following is the Asset account 1.Accounts receivable 2.accounts Payable 3.Customer Deposit
What is the closing entry for outstanding amount?
what is credit financing? any diff b/w credit financing and hirepurchase?
what is the TTD junior asst exam syllubsexam held on sep 5 th plz tell me sir
explain accounting concepts
12 Answers Capital IQ, Manufacturing,
what are the models of valuation of the company
Rams due of Rs 32500/- was settled thru adjustment of security deposit Rs 12000/-and the balance in cash.pass necessary entry
how to do tds entry at tally 9?
difference between options and futurs
Audit 
