INCOME TAX REFUND CREDITED TO P & L A/C

VIKASH (CA FINAL 2ND GROUP) (142 Points)

23 March 2010  

Dear  Sir 

Plz tell me

1. About the treatment in respect of Income Tax Refund (Without Interest on Refund) Credited to P & L A/c under MAT Calculation.

2. And tell me in respect of Brought Forward Business Loss Debited to P & L A/c under MAT Calculation.

 

Vikash Mangal