Mat Calculation Procedure

On minimum alternate tax mat alternate minimum tax amt a mat was introduced for the first time in the ay 1988 89.
Mat calculation procedure. For mats on clay the factor of safety should not be less than 3 under dead load or maximum live load. Hence tax payable by company 20 28 000. This mat foundation includes six columns or pedestals numbered 1 to 6. Minimum alternate tax mat rates for the a y.
In what case mat is calculated waiting for reply thanking you vaibhav. There is a credit of mat of 4 68 000 which can be carried forward to 15 assessment year. Determine the line of action of the resultant of all the loads acting on the mat ii. It was felt that due to various concession provided in tax laws big corporate groups become zero tax companies.
Total tax payable under mat 19 50 000 78 800 20 28 000. Determine the contact pressure distribution as under if the resultant passes through the center of gravity of the mat the contact pressure is given by. The topic details the procedure used by the program to calculate the factor of safety in sliding and overturning for mat foundations also referred to as stability checks. It is calculated in case of companies everytime.
Education cess 4 on 19 50 000 78 000. The minimum alternate tax mat provisions under income tax act were introduced tocounter the situations wherein domestic companieswere making significant profits and declaring dividends on consistent basis but were availing tax concessions and incentives in such a way as to minimize the payment of income tax mat provisionsare applicable for a company if the tax payable as per normal. Calculation of book profits for the purpose of mat maximum alternate tax section 115jb for computation of book profit one may proceed as follows. Plan view of mat.
The green guide rating relates to the relative life cycle performance of a specification in comparison with other types of specifications available for a particular building element type e g. This procedure translates a specification s green guide rating into mat 01 calculator points. To attain success in student life you must know the proper use of a scientific calculator usage of a calculator may vary to other calculators. Ca aman dugar expert follow.
03 june 2008 the calculation is as per the provisions of sec. 115jb of it act 1961. The net ultimate capacity of a mat foundation is. I want to know the procedure for calculating mat.
Total marginal relief 19 99 295 19 50 000 49 295. But the fundamental basics remain same.