Finance Act 2012 amends Section 115JB to include all companies under MAT, excludes current assessment year for banking company. https://www.taxtmi.com/highlights?id=18717 Minimum Alternate Tax - Banking company - section 115JB has been amended to bring all the Companies in its ambit vide Finance Act 2012, w.e.f 1.4.2013, however, the amendment is not applicable in the assessment year under consideration - AT en-us Thu, 29 May 2014 13:55:12 +0530 Thu, 29 May 2014 13:55:12 +0530 TaxTMI RSS Generator Finance Act 2012 amends Section 115JB to include all companies under MAT, excludes current assessment year for banking company. https://www.taxtmi.com/highlights?id=18717 Minimum Alternate Tax - Banking company - section 115JB has been amended to bring all the Companies in its ambit vide Finance Act 2012, w.e.f 1.4.2013, however, the amendment is not applicable in the assessment year under consideration - AT Highlights Income Tax Thu, 29 May 2014 13:55:12 +0530 https://www.taxtmi.com/highlights?id=18717