banner_ad

Disallowance by a.o. of units claiming exemption u/s 10b

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 August 2012 I am attending Income Tax Scrutiny one of my client who are having exemption u/s 10B. Now, I want to know that :
Weather Disallowance made by A.O. also increases Claim u/s 10B of Unit?
Is there any MAT liability arise due to such addition made by A.O.?
Profile Image

srinath

Profile Image

srinath (Expert)
21 August 2012

Disallowance will def increase the claim u/s 10B

MAT liability arises only in the case if addition has been made as per section 115jb
Profile Image

Manpalca

Profile Image

Manpalca (Querist)
21 August 2012 It means no liability to pay MAT on disallowance of Travelling Exps.
Profile Image

Manpalca

Profile Image

Manpalca (Querist)
21 August 2012 Thanks srinath
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details