The power generation com get 80IA deduction then also 115JB profit has to be attracted or not
malli and Nag (CA) (119 Points)
17 June 2010The power generation com get 80IA deduction then also 115JB profit has to be attracted or not
Amir
(Learner)
(4016 Points)
Replied 17 June 2010
YES MAT provisions will apply even in cases where business is eligible for deduction u/s 80IA/IB/IC, etc
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)