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.
_________ is an agile development process focused primarily on ways to manage tasks in team-based development conditions
What is the primary strategy of a divide-and-conquer algorithm?
What is depth in deep learning?
In time series forecasting, what does MAE stand for?
Which of the following is a primary limitation of the COCOMO model?
keyword is used to skip this iteration and move to next iteration ?
What is the main purpose of DNS (Domain Name System)?
syntax of loops in shell scripting?
What is the purpose of a Storage Area Network (SAN)?
 FAT stands for?
