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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Amendment of section 115JB. - MAT - in case of a company, being ...


MAT Rate for Companies in International Financial Services Centres Set at 9% per Section 115JB Amendment.

March 1, 2016

Act Rules     Bill

Amendment of section 115JB. - MAT - in case of a company, being a unit of an International Financial Services Centre and deriving its income solely in convertible foreign exchange, the rate of tax under section 115JB shall be nine per cent.

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