Minimum alternate Tax (MAT) - Corporation established under DVC ...

Case Laws Income Tax

August 25, 2018

Minimum alternate Tax (MAT) - Corporation established under DVC Act, 1948 - The proviso to sec. 211(2) of the Companies Act, 1956 was not applicable. - the provisions of section 115JB of the Act imposing tax liability on the book profit were not applicable. - Moreover, as per Section 115JC also assessee did not have any alternate minimum tax liability.

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Minimum alternate Tax (MAT) - Corporation established under DVC ...

Case Laws Income Tax

August 25, 2018

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