<h1>Justice A.P. Shah leads committee to review Minimum Alternate Tax issues for FIIs before April 2015.</h1> A High Level Committee (HLC) led by Justice A.P. Shah has been established to address issues related to the levy of Minimum Alternate Tax (MAT) on Foreign Institutional Investors (FIIs) for the period before April 1, 2015. Announced by the Union Finance Minister, the committee includes Dr. Girish Ahuja and Dr. Ashok Lahiri as members. The committee is tasked with examining relevant legal provisions and judicial decisions, consulting with stakeholders, and providing recommendations promptly. It will operate for one year or as determined by the government, with its procedures set independently.