TMI BlogRemoval of exemption from MAT (minimum alternate tax) on SEZ - Promissory estoppel - It is settled...Removal of exemption from MAT (minimum alternate tax) on SEZ - Promissory estoppel - It is settled position of law that every tax exemption and incentive shall have a sunset clause - decided against the assessee - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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