Mat rate for F.Y 2009-10
This query is : Resolved
makarand patade
(Querist)
05 October 2009
What is Mat rate for the financial year 2009-10.
Shyam Lal Naik
(Expert)
05 October 2009
15%
makarand patade
(Querist)
05 October 2009
but as per income tax site wording is as follows " Words “fifteen per cent†shall be substituted for “ten per cent†by the Finance (No. 2) Act, 2009, w.e.f. 1-4-2010."
What does it mean ?
What does it mean ?
Shyam Lal Naik
(Expert)
05 October 2009
It means the rate is 15% for the Assessment Year 2010-11.
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