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MAT RATE AND INTEREST U/S 234A,B,C

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11 January 2010 PLEASE TELL ME MINIMUM ALTERNATE TAX ON COMPANIES IF COMPANY HAVING BOOK PROFIT MORE THAN ONE CRORE. AND ALSO TELL ME THAT SECTION 234A, 234B & 234C APPLICABLE ON MAT OR NOT.
REGARDS
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
11 January 2010 MAT companies would be liable to pay advance tax u/s 115JB. If they don't do so they may land up paying interest u/s 234B and u/s 234C.
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