Section 115JB relates to ----

Name: Section 115JB relates to ----
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Section 115JB of the Income Tax Act, 1961, deals with the Minimum Alternative Tax (MAT) applicable to companies. It ensures that companies having large profits and declaring dividends to their shareholders but paying minimal or no income tax by taking advantage of exemptions, deductions, incentives, etc., in the Income-tax Act, pay a minimum amount of tax to the government.

Section 115JB Relates to ----