Can anyone explain Indian Minimum Alternate Tax

Can anyone explain Indian Minimum Alternate Tax

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We sell software and some of our customers are based in India.  We have not yet succeeded in obtaining a PAN number and witholding tax is usually levied by the at 20%.  We have recently been asked to complete a Minimum Alternate Tax declaration form by one of our Indian customers.  This seems to be a promise to pay income tax on the income we receve from India. I am assuming that given that the remaining income after witholding tax will be subject to UK Corporation Tax, then we are covered.  Can anyone confirm or comment?   Many thanks  

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