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Minimum Alternate Tax Under Section 115JB by Jasleen Kaur is a document available to read on EtoBox.

What is Minimum Alternate Tax Under Section 115JB about?

- Section 115JB of the Income Tax Act introduced Minimum Alternate Tax (MAT) to bring "zero-tax companies" under the tax network. - MAT requires companies to pay at least 18.5% tax on their book profits even if they owe no tax under normal provisions. - Book profit is the net profit as per the company

Author

Jasleen Kaur

Language

EN