Applicability Of MAT On LLP

Whether MAT or Dividend Distribution tax will be applicable on LLP?
Posted 1 year ago  | 
Corporate Law,Taxation & Duty
Corporate Law Taxation & Duty

1 Answer(s)

Ravindra Purohit
Advocate

LLPs are in the same parlance as partnership firms so far tax provisions are concerned and therefore Minimum Alternate Tax and Dividend Distribution Tax will not be applicable for LLP.