MAT F. Y. 2008-09 rate
This query is : Resolved
11 September 2009
in financial year MAT 115JB rate is 10% surcharge is charge or not
11 September 2009
MAT rate for the f.y. 08-09 & a.y. 09-10:
i) Flat rate 10%
ii) Surcharge 10% ( 2.5% in case of foreign company)
Note: Surcharge is not applicable if book profit does not exceeds Rs.1 crore.
iii) Education cess 2%
iv) Secondary & higher education cess @ 1%.
i) Flat rate 10%
ii) Surcharge 10% ( 2.5% in case of foreign company)
Note: Surcharge is not applicable if book profit does not exceeds Rs.1 crore.
iii) Education cess 2%
iv) Secondary & higher education cess @ 1%.
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