Filing of Form 29B:
1. The company has made a book profit
2. However, no MAT has been paid due to carry forward losses set off.
In this situation should the company file Form29B
MohanaSundaram (Finance Executive) (33 Points)
03 October 2018Filing of Form 29B:
1. The company has made a book profit
2. However, no MAT has been paid due to carry forward losses set off.
In this situation should the company file Form29B
NISHA AGARWAL
(Chartered Accountant)
(454 Points)
Replied 04 October 2018
Form 29B is to filed when th normal tax payable under income tax is less than the tax payable as per MAT calculation.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
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