What is MAT (Minimum Alternate Tax)? Meaning, Features & … 118 views The Income Tax Act has ensured that every taxpayer is fairly … taxpayer base. One such rule or concept is the MAT in income tax. What is it, and how does it affect the …

… Alternative Minimum Tax (AMT) in India is a tax provision designed to ensure that individuals, companies, and other entities with significant income cannot avoid paying taxes by utilizing various … as a counterpart to the corporate Minimum Alternate Tax (MAT) , AMT targets non-corporate taxpayers, such as …