Menu
Dt ca final please help
Clearly interprete meaning of MMR...it means highest tax rate which can b applied to an individual... i.e. 30+10+3..
Solution of PM is 100% correct...Surcharge will be charged....MMR mean 30%+10%+3%i.e 33.99%
Shree, you are right that surcharge is charged only if it exceeds 1 crore, but MMR is always charged @ 33.99% only. It is correctly solved according to my opinion.You may also refer Q.50 the last line of the page, there also it is charged @ 33.99%
Recent Threads
- Query of Goodwill
- Remuneration to Partners
- Request For Dhirajlal Rambhia
- Tds deduction queery
- Check ITR1 on income tax Form ITR1 Instead of 1 ho
- Form 121 requirement
- Interest on reversal of ITC when ITC balance avail
- Is MirrorFly an Instant Messaging Software?
- ITR filling for legal heir
- How Can I qualify CA Final Exam?
Related Threads
CAclubindia
