MAT

This query is : Resolved 

01 January 2010 Whether Interest is payable for delay payment of MAT u/s 234B & 234C?

01 January 2010 yes

01 January 2010 Interest under section 234B and C were also leviable on income computed under section 115JB.
Citation:- Madras Pharmaceuticals (P) Ltd Vs. DCIT (2008) 24 SOT 180 (Mum-Tri).

01 January 2010 yes


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