Is provision for bad debts added back to Net profit (under provision for unascertained liabilities) to arrive Book profit u/s 115JB ???
While reducing business loss or unabsorbed depreciation( which ever is lower ) means... depreciation is as per companies act ??
Menu
Minimum Alternative Tax (MAT)
Replies (1)
yes provision for Doubtful debt is added back to net profit And
lower of book loss or depreciation as per BOA is to be considered.
Recent Threads
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
- The deductor filed GSTR 7 turnover including tax.I
Related Threads
CAclubindia
