EASYOFFICE
EASYOFFICE
EASYOFFICE

Minimum Alternate Tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 June 2010 The profit of a SEZ Unit, exempted U/s.10AA is attracted to MAT or not.
Is the unit required to pay the Tax U/s.115JB of Income Tax Act if the total profit in the normal procedure is wholy exempted.
Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
19 June 2010 Yes MAT required to be paid even if income is exempt u/s 10AA as the profits are not an eligible deduction from book profit

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links