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Corporate tax cut: Here is why assessing the impact of MAT clarification is crucial

Updated : October 08, 2019 02:06 PM IST

While the govt has clarified its position with regard to MAT credits, binding effect of CBDT clarifications has been a subject matter of litigation in the past.
Non-availability of brought-forward credit of taxes paid under MAT provisions may substantially impact IT, infrastructure and realty firms.
Corporate tax cut: Here is why assessing the impact of MAT clarification is crucial

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