Provisions of Minimum Alternate Tax (MAT) are applicable to the companies which are: (i) Indian companies (ii) Foreign companies in certain situations (iii) LLP

CS Executive · Tax Laws and Practice · PYQS · June 2018
Provisions of Minimum Alternate Tax (MAT) are applicable to the companies which are: (i) Indian companies (ii) Foreign companies in certain situations (iii) LLP
(A) (i) and (iii)
(B) (i) and (ii)
(C) All the three
(D) None of the above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax Act, 1961

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