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What is meaning of MAT? please explain in detail with an
example?
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Answer Posted / al ameen
MINIMUM Alternate Tax - <MAT is the minimum tax to be paid
by a company even though the company is not making any profit.
This MAT can be set off for the coming several years. And
this is applicable to IT companies i think
| Is This Answer Correct ? | 100 Yes | 26 No |
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