Calculation of MAT u/s115JB

This query is : Resolved 

20 September 2008 In calculations of MAT Net profit means whether PAT or PBT?
Further Income tax,Deferred tax and FBT provisions are deducted from net profit is it correct? If Yes, then what will be the adjustment in case of deferreed tax assets?

20 September 2008 For the calculation of book profit for MAT, profit means PAT . Income Tax paid/ provisions , Deferred Tax and FBT provisions are added back in PAT .



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