WHAT IS MAT

Answer Posted / trupti

MINIMUM ALTERNATIVE TAX U/S 115JA

Is This Answer Correct ?    16 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is DSCR and how to calculate the same.

3482


how we issue the road permit to seller for receiving the rearing material

1903


Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!

1219


1. Why some companies are not deducting the TDS or WCT on their clients Invoice.,? 2. How companies are getting exemption from Deduction TDS or WCT. ?. 3. What are the procedure for not to deduct the TDS or WCT on client invoice while making payment for their Invoice.?.

2224


Tell about dvat and dvat rate

2734






which purchases is profitable for us a building material purchases from direct of contactor ?

1451


what is vat adjustmant?

1803


Please help me to find VAT Rates of the follwing Items in A.P 1.Fiber Glass -CSM -Roving W.R Polyster Resin G.P{general purpose)Roofing,ISO Thanks & Regards Mohan .V

1403


My client has not filled income tax return for ay-2013-14

1173


which items should be covered the Entry Tax by HP Govt instead of Purchased

1432


WHAT IS EXECUTION OF WORKS CONTRACT ?

1633


We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

1743


What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?

10706


Why service tax payable is not considered while calculating Wct Tds.

3759


Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me

1686