The IT department considers MAT to be an important tool with which it can prevent tax avoidance. The study in this paper focuses on the concept of MAT, development, growth, evaluation. Its major focus on conceptual with empirical study with new model development.
The primary data has been collected for this study and advanced SPSS Package has been used for analysis with hypothesis testing.
CBDT (Central Board of Direct Taxes) is a statutory authority functioning across India. The study has made an attempt to evaluate the process MAT in Indian context. The government of India already implemented various provisions for betterment of tax collection. As per the records of CBDT for the Previous Year 2015-16, CBDT – Income Tax Department declares only 1.7% of people paid tax on their Income. Out of 4.07 Crores returns were filed and 2.06 Crores paid the tax, remaining were filed the nil return.
KEYWORDS: Zero Tax Companies, MAT, CBDT, IT Provision.
[keywords] => [doj] => [hit] => 1630 [status] => [award_status] => P [orderr] => 27 [journal_id] => 4 [googlesearch_link] => [edit_on] => [is_status] => 1 [journalname] => EPRA International Journal of Economic and Business Review(JEBR) [short_code] => IJES [eissn] => 2347-9671 (O), 2349-0187(P) [pissn] => [home_page_wrapper] => images/products_image/12.JEBR.png ) Error fetching PDF file.