Posts tagged Direct Tax Code
Capital Gains Tax
This is the second article in the series of discussion related to Direct Tax Code. The first article was -
Brief On Revised Discussion Paper For Direct Tax Code (DTC) For Minimum Alternate Tax (MAT)
Capital Gain TaxBrief On Revised Discussion Paper For Direct Tax Code (DTC) For Capital Gains
Current Situation:
Short-term capital More >
Minimum Alternate Tax (MAT)
Brief On Revised Discussion Paper For Direct Tax Code (DTC) For Minimum Alternate Tax (MAT)
Minimum Alternate Tax (MAT)
Current Situation:
MAT applicable on Book profit Proposed in DTC:
The DTC has proposed a MAT on companies calculated with reference to the “value of gross assets”.
Limitation of MAT to be applied on basis More >