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Advance Tax & Minimum Alternate Tax Guide is a document available to read on EtoBox.

This document discusses advance tax and minimum alternate tax (MAT) in India. It explains that advance tax is paid in installments throughout the year based on estimated income. MAT ensures companies pay a minimum amount of tax even if their regular tax is lower due to deductions. The history of MAT in India is reviewed, from its introduction in 1983 to the current tax credit system allowing MAT paid to be carried forward for 5 years. Due dates and rates are provided for advance tax payments by corporate an

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