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Tax audit of mat

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2014 Sir,
I want to know whether tax audit conduct u/s 115jb is applied only when we pay tax as per mat or also when we are adjusting mat credit in the current year with normal income tax?

24 November 2014 Nothing is mentioned in Section 115JB about audit. Tax Audit provisions are mentioned in Section 44AB.

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2014 Sir, I am asking of Mat audit


24 November 2014 If the query is about filing of report under section 115JB of the Income -tax Act, 1961 i.e. Form 29B- required only when the assessee pay tax as per MAT



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