CAN ANY BODY TELL ME ABOUT BOOK PROFIT & MAT
BOOK PROFIT IN REALTION WITH MAT
DEEPLY & CREALY
THNKS IN ADVANCE
1 Replies
M.Lokesh
(Student)
(95 Points)
Replied 03 May 2010
Just as we compute Taxable Income under Income Tax Act by Disallowing & Allowing some Payments Book Profits under MAT will also be Computed in Accordance with Sec.115JB no other addtions or deductions can be made other than those mentioned in Sec115JB.
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