Notice u/s 143(1)(a) relating to schedule mat

Tax queries 524 views 4 replies

-I have received notice u/s 143(1)(a). It says "In Schedule MAT there is an inconsistency in the computation of Book profit from the amounts mentioned in Part A P and L account".

- The amount specified in notice is rs. 31986. which relates to "Provision for deferred tax and deferred liability".

-While filing ITR-6, I have shown Profit after tax(-1401217) in schedule MAT and Rs. 31986 as Provision for deferred tax and deferred liability.

- Please suggest how to respond to this notice.

Replies (4)

What is the amount in Profit after tax in Part A - P & L schedule?

Profit after tax is -1401217

What you have done is correct. You can reply by saying that the amounts are correct and proper effect has been given in MAT calculation.

Ok.

Thank You madam.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details