Apr 25, 2017 at 15:30 | Source: PTI
In a note submitted to the Central Board of Direct Taxes Chairman Sushil Chandra, the chamber said that in the absence of a provision for exemption from MAT for such a company, any plan for its revival shall become unworkable and unviable due to the huge and immediate cash flow required to meet the corporate tax liability payable immediately under MAT.
Apr 01, 2017 at 16:12 | Source: Moneycontrol.com
Reporting under Indian Accounting Standards (Ind AS) may significantly impact tax-planning strategies for many deals and will also have a high impact on key performance indicators of companies, says author Jigar Parikh.
Feb 14, 2017 at 14:00 | Source: Housing.com/news
Developers The union budget provided a significant boost for affordable housing, by granting it an industry status and all the listed real estate stocks reacted positively. However, whether these incentives will entice the developers R
Feb 14, 2017 at 13:00 | Source: Moneycontrol.com
An additional five years to carry forward MAT credit will not bring much relief, instead start- ups hope for incentive to improve their balance sheets.
Feb 07, 2017 at 21:35 | Source: Moneycontrol.com
The Union Budget has truly managed to strike a fine balance between fiscal consolidation and public spending to spruce growth, against the backdrop of challenging global and domestic environment.
Feb 07, 2017 at 17:48 | Source: Moneycontrol.com
Corporate tax rate is now reduced to 25 percent (plus applicable surcharge and education cess) for domestic companies having total turnover/ gross receipts in the previous year (2015-16) not exceeding Rs 500 million
Feb 02, 2017 at 15:20 | Source: Moneycontrol.com
Considering that Ind AS requires significant use of fair values, this would mean that several potentially large items of gains and losses that are recognized in the P&L would now be considered for MAT calculations.
Feb 02, 2017 at 14:00 | Source: Housing.com/news
Siddharth Chopra, a resident of Mumbai, was glued to the television news channels, during the live telecast of the Union Budget 2017-18. Like many, he was expecting a bonanza for middle-class affordable home buyers. R
Feb 01, 2017 at 17:26 | Source: PTI
While the industry expected exemption from Minimum Alternate Tax (MAT), it has accepted the provision to allow MAT credit to be carried forward from 10 years to 15 years as a positive step forward.
Feb 01, 2017 at 14:50 | Source: Moneycontrol.com
Minimum Alternate Tax is at present levied as an advance tax.