Minimum Alternate Tax (MAT)

AP Shah committee to review MAT


  1. Why? To resolve the controversial levy of MAT on foreign portfolio investors.
  2. Tax authorities will not issue fresh notices or take coercive action in cases where demands have been raised, pending the panel’s recommendations.
  3. The Central Board of Direct Taxes (CBDT) would restrain itself from issuing fresh demands of MAT from foreign investors.