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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

News and Press Release - Dated:- 9-1-2018 - Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 6th January, 2018 PRESS RELEASE The existing provisions of section 115JB of the Income-tax Act, 1961 ( .....

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k profit. In this regard, representations have been received from various stakeholders that the companies against whom an application for corporate insolvency resolution process has been admitted by the Adjudicating Authority under section 7 or secti .....

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