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Income tax mat

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(Querist)
12 May 2012

Are Power generaring units covered under MAT? They have exemption under 80IB but do they have to pay MAT?
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prateek aanchalia

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prateek aanchalia (Expert)
12 May 2012 yes, mat applicable

for more refer this link

http://www.google.co.in/url?q=http://www.kpmg.com/IN/en/WhatWeDo/Tax/Documents/KPMG_Flash_News_DTC_Impact_Power_Sector.pdf&sa=U&ei=xRquT_qzJo3NrQeEit37Aw&ved=0CBQQFjAA&usg=AFQjCNFzNzTvj1RhK4hT_93MUnqwfqQ3JQ

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