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Calculation of Minimum Tax on Company
11-28-2010, 08:18 PM,
Calculation of Minimum Tax on Company
Dear Member,

I want to know about the calculation of minimum tax on company for the tax year 2009-2010; in case of when company earn income from two source like normal business and FTR like exports. Please tell me. I give an example

Normal sales Rs. 1,348,057,732
Export Sales Rs. 1,096,179
Brokerage & Commission Rs. 2,780,786 as exp

Profit after admissionable expenses Rs. 4,394,193
But now problem is that minimum tax is higher. So please tell me what is provsion for the tax year 2009-2010

I really thank ful for this.


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