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    <title>Clarification on Deduction of Rebate u/s 88E for MAT Calculation as per Section 115JB of Income Tax Act.</title>
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    <description>MAT - deduction of Rebate u/s 88E while calculating the tax liability of the assessee for minimum alternative tax u/s 115JB - when the total income is assessed and the tax chargeable is computed, it is from that tax which is chargeable, the tax paid u/s 88E is given deduction, by way of rebate, u/s 87 - This is the legislative intent. That is a promise to give deduction of the tax already paid.</description>
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    <pubDate>Fri, 10 Jan 2020 06:55:23 +0530</pubDate>
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      <title>Clarification on Deduction of Rebate u/s 88E for MAT Calculation as per Section 115JB of Income Tax Act.</title>
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      <description>MAT - deduction of Rebate u/s 88E while calculating the tax liability of the assessee for minimum alternative tax u/s 115JB - when the total income is assessed and the tax chargeable is computed, it is from that tax which is chargeable, the tax paid u/s 88E is given deduction, by way of rebate, u/s 87 - This is the legislative intent. That is a promise to give deduction of the tax already paid.</description>
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      <pubDate>Fri, 10 Jan 2020 06:55:23 +0530</pubDate>
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