EASYOFFICE
EASYOFFICE
EASYOFFICE

80IA and MAT??????

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 May 2010 will companies availing deduction under section 80 IA of the income tax act be liable to MAT?

Profile Image

Aditya Maheshwari

Profile Image

Aditya Maheshwari (Expert)
11 May 2010 Yes MAT will be payable on book profit as the deduction u/s 80IA is given for calculating income as per normal provisions of the act and such a deduction is not available for calculating book profits u/s 115JB.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links