If i m paying Tax in private company as per income tax act and not as per MAT .
Do I need to file form 29b compulsory??
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Form 29b filing question
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No, filing Form 29B is not compulsory if you are paying tax in a private company as per the Income Tax Act and not under the Minimum Alternate Tax (MAT) provisions. However, it is always advisable to consult with a tax professional or refer to the specific guidelines provided by the tax authorities to ensure compliance with the applicable tax laws.
Thanks
You are required to file 29B to prove that tax paid normal provisions is more than the tax to be paid under mat
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