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Articles by CA Nilamani Mohanty

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MAT Effect

  CA Nilamani Mohanty    08 July 2009 at 15:58

MAT rate from 10% to 15% will result in higher cash outflow for zero-tax companies. At a time, when most industries are facing credit crunch, imposing higher tax, for which credit may be available in future, seems to be out of sync with the finance m

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