MAT - Amount set aside to provision made for meeting liabili

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..... Dear All, Can you please give examples of following liabilities for MAT purpose: Amount or amounts set aside to provisions made for meeting liabilities, other than ascertained liabilities. Thanks a .....

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..... nd regards, Ramesh - Reply By Surender Gupta - The Reply = Any liability which are not ascertained and / or are of a contingent nature would fall within this category. Sometimes, it happens that .....

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..... for unforeseen liability some provisions are made but the same are not finalized or ascertainiable. As per Explanation 1, to section 115JB, such provisions are liable to be added to the book profits .....

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..... . - MAT - Amount set aside to provision made for meeting liabili - Query Started By: - Ramesh Rangani Dated:- 19-5-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, .....

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..... reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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