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Ms Rishika Chaudhary
On 12/21/18, 2:06 AM
Now, all companies having book profits under the Companies Act shall have to pay a minimum alternate tax at 18.5% in India. MAT is a way of making companies pay a minimum amount of tax. It is applicable to all companies except those engaged in infrastructure and power sectors.

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Asked: 12/21/18, 2:02 AM
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Last updated: 12/21/18, 2:06 AM