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MAT & LLP

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(Querist)
13 March 2011 Is MAT applicable to LLP also?
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CA Ravi Sisodia

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CA Ravi Sisodia (Expert)
13 March 2011 according to recent amendment in budget - Yes MAT applicable to LLP also.
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
13 March 2011 Rate 18.5% , other provision relation to computation and carry forward of MAT credit is same as in case of Companies
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