Question
A company has book profit of ₹20,00,000 for FY
2024-25. Its normal tax liability computed under the Income Tax Act is ₹3,50,000. During computation of book profit for MAT, the following adjustments are made: • Depreciation as per Companies Act (₹2,00,000) is more than depreciation allowed under IT Act (₹1,50,000). • Other permanent disallowances (like CSR expenditure not allowed) = ₹50,000. The MAT rate is 15% (ignore surcharge). Compute the tax payable under MAT.Solution
• MAT is payable only if it exceeds normal tax. • Here, MAT (₹3,15,000) < Normal Tax (₹3,50,000), so the company pays normal tax.
How many candidates sit in the row?
Who among the following person sits third to the left of U?
Six person G, H, I, J, K and L are sitting around a circular table facing each other (not necessarily in the same order). J is on the immediate right of...
Seven persons, J, K, L, M, N, O and P sit in a linear row and face in north direction. Only two persons sit between P and J. M sits adjacent to L. Only ...
If the position of U and T are interchanged, then the position of Q and U are interchanged, then who among the following person sits second to the righ...
Who among the following sits at one of the extreme ends?
Who is sitting third to the left of E?
Four of the following five forms a group as per the given arrangement, which of the following does not belong to that group?
In which of the following statement, the first and second persons are sitting opposite to each other in the final arrangement?
I) PW
...
How many persons are seated in a table (Including unknown persons)?
