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Minimum alternate tax

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(Querist)
01 July 2009 When MAT Wwill be applicable ,what is the rate of mat under it act
also pls provide its calculation.
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srinivas

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srinivas (Expert)
01 July 2009 MAT will be applicable to every company. at present the rate of mat as per section 115JB is 10& plus surchrge
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