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applicability of MAT

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14 February 2008 our client is located in a special economic zone, as per changes in mat, sez companies should have to pay tax on entire book profit @ 10% without allowing for deduction for income under section 10A Whether it is right? please explain about new changes & applicability of mat in special economic zone

26 February 2008 SEZ units are exempt from MAT as per Section 115JB(6)

01 July 2012 You can refer following circular of finance act in this concern

CIRCULAR NO. 02/2012 [F. NO.142/01/2012-SO(TPL)], DATED 22-5-2012

In that Point No. 19






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