Easy Office
Easy Office

MAT 115JB

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 September 2009 1. Whether the MAT provisions are applicable to Sec 10 A/10 B companies? If not why?

2. Whether the Tax Audit is applicable at pre incorporation stage of foreign collaboration?
Profile Image

Rajeev

Profile Image

Rajeev (Expert)
21 September 2009 Finance Act, 2007 has extended the applicability of MAT to companies enjoying tax holiday under Section 10A/10B of the Income-Tax Act, 1961. (PY 07-08)

Pre incorporation stage would mean no business yet formed . no tax audit , 44AB not attracted

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


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links