Advance minimum tax - profit linked deduction
This query is : Resolved
19 March 2012
The union budget says " Proposal to extend the levy of Alternate Minimum Tax to all persons, other than
companies, claiming profit linked deductions "
Dose it mean SEZ units claiming profit linked deductions under SEC. 10 AA is exempted from MAT ? Please clarify .
companies, claiming profit linked deductions "
Dose it mean SEZ units claiming profit linked deductions under SEC. 10 AA is exempted from MAT ? Please clarify .
CA. Hari Kishan
(Expert)
19 March 2012
AMT shall be now extented to non corporate assessee
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