CBDT : Companies facing corporate insolvency resolution process allowed loss set-off under MAT

Jan 08,2018

Government Press Release provides for relaxation in the provisions relating to levy of Minimum Alternate Tax (MAT) in case of companies against whom an application for corporate insolvency resolution process has been admitted under the Insolvency and Bankruptcy Code, 2016 (IBC) with a view to minimize the genuine hardship faced by such companies; For company against whom an application for corporate insolvency resolution process has been admitted by the ...


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