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MAT Rate

(Querist) 14 November 2010 This query is : Resolved 
What is the current rate for MAT liability calculation- 18%+cess or 20%+cess?
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A V Vishal (Expert) 15 November 2010
For the current financial year i.e 2010-11 relevant to A Y 2011-12, the rate of MAT is 18% plus cess.
s.subramanian (Expert) 15 November 2010
agreed
Raj Kumar Makkad (Expert) 15 November 2010
i also agree.
Punit Gupta (Querist) 15 November 2010
solved,
thanking you experts.
Sachin Bhatia (Expert) 15 November 2010
agreed

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