minimum alternate tax


This query is : Resolved 

04 September 2008 my client's co (P.Ltd) is eligible for deduction U/s 80IB.after deduct 80IB it has no tax liability, then is it necessary to calculate MAT.

04 September 2008 YES IT IS NECESSARY TO CALCULATE MAT.

04 September 2008 Yes. There is no link between these two sections.


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