Plz. Tell Me What is The Last Date of Pmt. Of Mat U/s Section 115jb
Jagjeet Singh (ca-final) (174 Points)
18 April 2011Plz. Tell Me What is The Last Date of Pmt. Of Mat U/s Section 115jb
CA Vishwas Aradhya
(Consultant)
(60 Points)
Replied 18 April 2011
Jagjeeth,
There is no due date as such prescribed u/s 115JB, for payment of MAT. MAT is nothing but alternate tax, alternate to your regular tax. Therefore, after deduction of prepaid taxes u/s 199, balance if any, is to be paid as self assessment tax before filing the income tax return.
Due date for filing income tax return for Companies is 30th of September.
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