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MAT


Dhawal Mohnot (Practicing)     15 June 2010

Dhawal Mohnot
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When does MAT actually apply to a company? 

shyam sundar (Article Assisstant)     15 June 2010

shyam sundar
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when the profit as per income tax is less than book profit, MAT applies.

In simple words every company should pay atleast 15% as income tax on their book profits.

avater

Dhawal Mohnot (Practicing)     15 June 2010

Dhawal Mohnot
Practicing 
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Even if it is the 1st year of operation?


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