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?ÂSolution
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.
Through which launch vehicle did ISRO deploy an Earth Observation Satellite in August 2024?
100 gram of ice at 0°C is mixed with 100 gram of water at 80°C. What will be the final temperature of the mixture?
_________ is a good conductor of heat, but a bad conductor of electricity.
What causes the permanent hardness of water?
Insulin hormone is secreted by which of the following organ?
What was the main goal of the MoU signed between ARIES and IRDE in May 2025?
Who pioneered the development of electroencephalography?
Thiamine deficiency may result in:
Where did the infamous Black Hole Tragedy occur?
Sequencing of ‘human genome’ was successfully done in the year
