Mat and related aspects
This query is : Resolved
01 December 2012
Can any provided detailed view on MAT and its relate aspects
and
possible with examples
and
possible with examples
01 December 2012
Detailed discussion is not possible here. For that read section 115JB.
But in short, MAT provisions are applicable on company assessee only, weather indian or foreign.
Tax payble by co is ----higher of the following---
# regular income tax payble.
# or tax @18.5% on adjusted income.
But in short, MAT provisions are applicable on company assessee only, weather indian or foreign.
Tax payble by co is ----higher of the following---
# regular income tax payble.
# or tax @18.5% on adjusted income.
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