Easy Office
Easy Office

115jb

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 October 2011 if we have current year profit & we adjust last year loss,

Than 115JB applied on which amt. ?
Profile Image

CA RICHA BADALIA

Profile Image

CA RICHA BADALIA (Expert)
11 October 2011 The amount of loss b/f or unabsorbed depreciation whichever is less as per BOOKS of account is deducted from adjusted profit.The resultant profit will be book profit .MAT will then be calculated on this Book Profit.

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


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links