Tax Rebate u/s 88E Allowed with MAT Calculation as per Section 115JB of Income Tax Act.

Rebate u/s 88E - adjustment with MAT u/s 115JB - rebate as exigible under law u/s.88E would have to be allowed irrespective of whether the tax is payable under the regular provisions of the Act or under the book profit - AT .....

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