Imposition of MAT on SEZs

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..... Imposition of MAT on SEZs
News and Press Release
Dated:- 22-4-2013

The provisions of Minimum Alternate Tax (MAT) have been made applicable to Special Economic Zone (SEZ) Developers and U .....

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..... nits with effect from 1st April, 2012. The imposition of MAT on SEZs has brought the book profits of SEZ units and developers under the ambit of Sec 115JB of the I-T Act, 1961. The investment in Info .....

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..... rmation Technology (IT) and IT Enabled Services (ITES) SEZs during the last two years is as under:- Year Total Investment in SEZs (Rs in Crore) Investment in IT/ITES SEZs (Rs. in Crores) 2011-20 .....

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..... 12 2,32,681 39,390 2012-2013 2,36,716 57,574 The proposal for review of imposition of Minimum Alternate Tax (MAT) was taken up by the Government and there has been no decision to reconsider the .....

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..... same at present. This information was given by the Union Minister for Commerce and Industry, Shri Anand Sharma in a written reply in the Lok Sabha today. DS/RK (Release ID :94831)
News - Press .....

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..... release - PIB .....

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