MAT on book loss
Makarand Kulkarni (18 Points)
10 December 2020
Whether MAT is applicable on book loss?
1 Replies
Chahat Bansal
(226 Points)
Replied 10 December 2020
MAT is applicable to all companies whether you earn profit or loss.
Therefore MAT provisions will be applicable for calculating Book profit/loss as specified under sec 115JB
Therefore MAT provisions will be applicable for calculating Book profit/loss as specified under sec 115JB
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