What is Minimum alternate tax (MAT)

, Last updated: 21 May 2013 Share Follow on Google News

The concept of MAT was introduced under ITA to tax companies making high profits and declare dividends to their shareholders but have no significant taxable income because of exemptions, deductions and incentives. The primary cause is not tax evasion or a lack of adequate government policie

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My self Ashish Barthwal I am a preson who like to communicate with others. Specially on topics of INCOME TAX MOTIVATION. I am also co-owner of website http://chdcaprofessionals.com / http://www.chdcaprofessionals.com Professionally: I am Chartered Accountant. I am a tutor too ( And not a bad tutor ... Read more

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