Companies Opting For Lower Corporate Tax Rate Can’t Use MAT Credits
The North Block of the Central Secretariat building, which houses the Ministries of Finance and Home Affairs, stands in New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Companies Opting For Lower Corporate Tax Rate Can’t Use MAT Credits

Companies may consider waiting before they opt for the reduced corporate tax rate as that would deny them the benefit of tax credits.The firms that choose the reduced rate won’t be allowed to avail...
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