https://www.taxtmi.com/article/detailed?id=330 When an assessee has a loss, that loss is not part of the current year's total income; total income is a positive concept. Appeal fees prescribed by reference to total income therefore cannot apply where assessed total income is nil; such cases fall into the residuary fee provision and attract the lower fixed fee. For companies subject to deemed income under Minimum Alternate Tax, fees should be computed with reference to normal computation (pre MAT) income. en-us Fri, 10 Apr 2009 00:00:00 +0530 Fri, 10 Apr 2009 21:10:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=330 When an assessee has a loss, that loss is not part of the current year's total income; total income is a positive concept. Appeal fees prescribed by reference to total income therefore cannot apply where assessed total income is nil; such cases fall into the residuary fee provision and attract the lower fixed fee. For companies subject to deemed income under Minimum Alternate Tax, fees should be computed with reference to normal computation (pre MAT) income. Articles Income Tax Fri, 10 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=330