Mat 2 Computation

Computation of book profit is discussed in later part.

Mat 2 computation. The semester of contingency is april 1998 to sept. One 1 witness is the employer representative company representative and the other one 1 could be any person. If member cannot sign there should be two 2 witnesses to fingerprinting. You now have a cutting list for each mat you need.

15 minutes this is a practice test the results are not valid for certificate requirements. None of these 3. Step 1 find out net profit before other comprehensive income oci as per statement of profit and loss of the company step 2 adjustment to net profit to convert it into book profit which are given under explanation 1 to section 115jb 2. Contingency august 5 1998 start of maternity leave august 1 1998 1.

For computation of book profit one may proceed as follows. Income tax payable shall be the higher of the following amounts. Visit our framing advice section to learn more about matted presentations. A calculator may not be used for this test.

If you are cutting multiple mats add a title to identify the artwork and print off. Considered in the computation should be from the start of the employee s maternity leave up to the day prior to the date of death. Math computation part 1 time. Tax on total income computed as per the normal provisions of the income tax act 30 on domestic companies and 40 on foreign companies.

Hi lazy mama i juzt want to know the real amt on getting my maternity benefits my starting contribution on sss is on oct 1 2010 up to present nagfile po ako ng mat leave on may25 2011 to jul 23 2011 before that my ee on oct may is p266 70 and april up to present is p333 3 so ang expected amt ko po na mareceive sa sss ay p17 333 33 pero ng matanggap napo ung cheke from sss amt po. None of these 2. Before proceeding on how mat is calculated first provisions related to mat calculation is important to learn. 20 r 4 d.

The tax computed by applying 15 plus surcharge and cess as applicable on book profit is called mat. Computation of book profit as per mat provisions as per explanation 1 to section 115jb 2 book profit for the purposes of section 115jb means net profit as shown in the statement of profit and loss prepared in accordance with schedule iii to the companies act 2013 as increased and decreased by certain items prescribed in this regard.