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115JB

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 May 2010 Can loss as per books of claimed under 115jb even if income tax return is filed after due date???
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
06 May 2010 Lower of deprecaition loss and of accumulated profits as per books is allowed as a deduction for computing MAT.

The same will be allowed even if income tax return is filed after due date
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Querist : Anonymous

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Querist : Anonymous (Querist)
06 May 2010 thanks
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