https://www.taxtmi.com/news?id=15268 The principal issue concerns the scope of the Minimum Alternative Tax under section 115JB in relation to foreign institutional/portfolio investors. The Government has accepted a Committee recommendation and proposes a legislative amendment to provide that MAT will not apply to FIIs/FPIs that do not have a place of business or permanent establishment in India for the period prior to the legislative cutoff. en-us Fri, 04 Dec 2015 18:10:31 +0530 Fri, 04 Dec 2015 18:10:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15268 The principal issue concerns the scope of the Minimum Alternative Tax under section 115JB in relation to foreign institutional/portfolio investors. The Government has accepted a Committee recommendation and proposes a legislative amendment to provide that MAT will not apply to FIIs/FPIs that do not have a place of business or permanent establishment in India for the period prior to the legislative cutoff. News - Fri, 04 Dec 2015 18:10:31 +0530 https://www.taxtmi.com/news?id=15268