This book provides a comprehensive analysis of Minimum Alternate Tax (MAT) & Alternate Minimum Tax (AMT).
The Present Publication is the 2nd Edition (2022) authored by Taxmann's Editorial Board. The law stated in this book is amended by the Finance Act 2022, with the following noteworthy features:
• [Discussions on Liability/Exemption to/from MAT] is included in this book
• [Discussions on Liability to Pay AMT] is included in this book
• [Computation of Profit & MAT] is discussed in light of the following:
o Income-tax Act 1961
o Income-tax Rules 1962
o Relevant Case Laws
• [Clause-wise Analysis of Audit Report in Form 29B] is discussed in this book
• [Clause-wise Analysis of Audit Report in Form 29C] is discussed in this book
