| http://www.w3.org/ns/prov#value | - @ Mnikanth earlier(upto AY 2012-13) Banking , Insurance and Electricity wer exempt from MAT , but w.e.f AY 2013-14(Finance Budget 2012) these were brought to the MAT net.For the purpose of MAT the profits of such companies is Profit as per P&L prepared as per their respective Acts.
|
