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Mat u/s-115jb & u/s-88e-stt

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 January 2013 Dear Sir,

Can STT-SECURITIES TRANSACTION TAX can be adjusted against MAT Liability
I mean to say can we take rebate u/s-88E of STT against MAT Liability
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
23 January 2013 Section 88E has lost its significance wef AY 2009-10. So - the reply is no.
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