Which of the following statements is / are correct?1. MAT is indirect tax.2. MAT is applicable to all companies having business in India.

Which of the following statements is / are correct?1. MAT is indirect

1.	Which of the following statements is / are correct? 1. MAT is indirect tax. 2. MAT is applicable to all companies having business in India.
A.	Only 1
B.	Only 2
C.	Both
D.	None
Answer» B. Only 2

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Which of the following statements is / are correct?1. MAT is indirect tax.2. MAT is applicable to all companies having business in India.

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Which of the following statements is / are correct?
1. MAT is indirect tax.
2. MAT is applicable to all companies having business in India.