Assessment of aop/boi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 May 2013
what is mmr and how it is calculated
CA Sourabh Agarwal
(Expert)
12 May 2013
MMR is 30% and it is not calculated by any formula.
Guest
Guest
(Expert)
12 May 2013
As Per section 2(29C) of act:-
it means the rate of income-tax (including
surcharge, if any)applicable in in the case
of an individual as highest slab of income (and also in a case of association of
persons or body of individuals] as specified in the Finance Act of the relevant yea
it means the rate of income-tax (including
surcharge, if any)applicable in in the case
of an individual as highest slab of income (and also in a case of association of
persons or body of individuals] as specified in the Finance Act of the relevant yea
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Employee secondment
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Ito add credit side of bank
- GSTR9 Annual Return
- Applicability of tax on invoice
- Import of Capital Machine
- LLP audit and disclosure
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Gift to nri relatives resides in usa
- Closer of business and itc of capital goods
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
