alleryStart learning →Does section 115JB (MAT) apply to a company that has opted for section 115BAA?
AYes, at 15 per cent
BYes, at 9 per cent
CYes, but with credit
DNo, it does not apply
Answer & Solution
Correct answer: D. No, it does not apply
Section 115JB(5A) excludes any person who has exercised the option under section 115BAA or 115BAB from the MAT provisions.
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