MAT


This query is : Open 

27 January 2010 Dear All,
pls give you valuble openion on the following:

Mat is te minimum alternative tac which is calculated on the book profit and deposited.
but if a company does not have any real profit then how it is accounted for.
is it allowed as expences.
i mean to say how it is shown in hte financial statements.

27 January 2010 if no book profit then there will be no mat,


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