Levy of Minimum Alternative Tax (MAT) u/s 115JB - the assessee ...

Assessee Liable for Minimum Alternative Tax u/s 115JB, No Exemption Due to SEZ Criteria Non-Compliance.

October 21, 2019

Case Laws Income Tax AT

Levy of Minimum Alternative Tax (MAT) u/s 115JB - the assessee is not eligible for exemption from payment of MAT as per the provisions of section 115JB(6) since, admittedly, it does not qualify as a business or services rendered by an entrepreneur or developer in a unit or SEZ as per definition of the said terms in the SEZ Act.

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Levy of Minimum Alternative Tax (MAT) u/s 115JB - the assessee ...

Assessee Liable for Minimum Alternative Tax u/s 115JB, No Exemption Due to SEZ Criteria Non-Compliance.

October 21, 2019

Case Laws Income Tax AT

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