CAN ANY BODY TELL ME ABOUT BOOK PROFIT & MAT
BOOK PROFIT IN REALTION WITH MAT
DEEPLY & CREALY
THNKS IN ADVANCE
SUDHIR & PRADEEP JI (CA FINAL+LLB + DISA) (2299 Points)
03 May 2010CAN ANY BODY TELL ME ABOUT BOOK PROFIT & MAT
BOOK PROFIT IN REALTION WITH MAT
DEEPLY & CREALY
THNKS IN ADVANCE
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.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India