Pvt.Co.- Is MAT -Minimum Alternative Tax applicable to a private company or is it applicable only to a public company.
Devendra
(Chartered Accountant)
(4775 Points)
Replied 13 May 2011
MINIMUM ALTERNATE TAX (MAT) IS APPLICABLE TO PRIVATE LIMITED COMPANIES ALSO.
REGARDS,
DEVENDRA K
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 14 May 2011
yes it is applicable for pvt. ltd. also