Income tax mat

This query is : Resolved 

12 May 2012

Are Power generaring units covered under MAT? They have exemption under 80IB but do they have to pay MAT?


12 May 2012 yes, mat applicable

for more refer this link

http://www.google.co.in/url?q=http://www.kpmg.com/IN/en/WhatWeDo/Tax/Documents/KPMG_Flash_News_DTC_Impact_Power_Sector.pdf&sa=U&ei=xRquT_qzJo3NrQeEit37Aw&ved=0CBQQFjAA&usg=AFQjCNFzNzTvj1RhK4hT_93MUnqwfqQ3JQ


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