losses

there is no additional tax but MAT has increase from 18 % to 18.50% in current budget.

hi suteekshan,

there is no additional tax if there is loss in books of accounts. But if there is profit in books of accounts but loss as per income tax act ( means after adjusting the depreciation as per income tax act) so mat will be applicable on book profit 

Mat rate for f.y 2010-11 is 18% but 

Mat rate for F.y 2011-12 is 18.5%

agree with Sachin