Question
As per the Income Tax Act of 1961, Section 115JB, the
Minimum Alternate Tax (MAT) is calculated at what percentage of the book profit?Solution
The Minimum Alternate Tax (MAT) is calculated at 15% of the book profit. This provision ensures that companies with large profits, but minimal taxable income through exemptions, still contribute a fair share of taxes.
It's just that case-hardened nit-pickers like me can't help _____________ these things.
The ______ church on the riverside looked very beautiful from the boat.
While snow-filled getaways ______ a popular theme this season, here’s another terrain to________ , deserts. You don’t have to worry _________ being...
1) their
2) other
3) there
4) major
5) minor
To counter this a cross party committee of MP's suggested _______________ subsidized housing to teachers willing to work in deprived schools. ...
I.We are hopeful that the heavy rains predicted for next week will ______ the drought.
II.Calcium supplements can positively ______ one’s ...
Fill in the blanks in the following sentences with the help of given options.
After a gap of two years, he has decided to ________to teaching.
Army Commander: “Honourable Emperor, all the troops have lined up for the battle and are awaiting your orders.”
The Emperor: “_____________...
Patoonda is a small village situated …….. the rocky barren land on the right bank of river Kali Sindh, a major …… of Chambal...
Fill in the blank with suitable word.
The idea that technology alone can solve all of society’s problems is __________, as it ignores the com...