https://www.taxtmi.com/forum/issue?id=1230 Minimum Alternate Tax imposes a statutory tax on companies that report book profits but compute nil or negative taxable income, ensuring entities that show accounting profits yet escape tax liability are brought within the income tax net by applying an alternate minimum tax base introduced w.e.f. 1997 98. en-us Mon, 01 Jun 2009 16:00:08 +0530 Thu, 23 Jan 2025 15:58:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1230 Minimum Alternate Tax imposes a statutory tax on companies that report book profits but compute nil or negative taxable income, ensuring entities that show accounting profits yet escape tax liability are brought within the income tax net by applying an alternate minimum tax base introduced w.e.f. 1997 98. Discussion-Forum Income Tax Mon, 01 Jun 2009 16:00:08 +0530 https://www.taxtmi.com/forum/issue?id=1230