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

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.



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