MAT with IND AS
CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)
10 November 2019
what is the concept of MAT with IND AS???? I know the concept of MAT but how IND AS are used with it??
4 Replies
Kapadia Pravin
(17259 Points)
Replied 11 November 2019
The Finance Act 2017 amended section 115JB of Income Tax Act, 1961 to rationalise the calculation of Book Profits for Companies that prepare their financial statements in accordance with Companies (Indian Accounting Standards) Rules, 2015 (referred to as “Ind AS Compliant Companies”).
Further the CBDT has issued FAQ on this clarifying 14 points.
Further the CBDT has issued FAQ on this clarifying 14 points.
CHAITRI SUDHAKARBHAI KHAROD
(ARTICLE)
(752 Points)
Replied 12 November 2019
Ok sir got it...thanks a lot
Kapadia Pravin
(17259 Points)
Replied 12 November 2019
@ Chaitri
You may use like 👍 button
You can also use follow me button
You may use like 👍 button
You can also use follow me button
CHAITRI SUDHAKARBHAI KHAROD
(ARTICLE)
(752 Points)
Replied 12 November 2019
Actually I don't know about these buttons. .what are the effects? ?
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