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Advance tax

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 December 2011 Dear Sir,
We are covered U/s 80-IA(4) as "container Freight Station" & can claim 100% as deduction.
As far as my understanding is concerned we have to pay MAT u/s 115JB.
My Que is we have to deposit advance tax installment by applying MAT rate on our profit ?
Pls rply

Thanks:
Amit
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CA Pramod Jain

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CA Pramod Jain (Expert)
12 December 2011 yes advance tax needs to be paid.
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