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Answer Posted / kamlesh ghosh
MAT IS MINIMUM ALTERNATE TAX, IT IS INCOME TAX LEVIED ON
COMPANIES, IT IS CALCULATED ON BOOK PROFIT OF COMPANIES
AFTER CALCULATION OF DEPRICATION AS PER CO ACT & AS PER IT
ACT THIS IS LEVIED AFTER THE COMPAIR EACH OF TAX
CALCULATION WHICH IS MINIMUM U MAY CHECK THIS ON GOV SITE
OF INCOME TAX i.e.
incometaxindia.gov.in
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