TMI BlogAdvance Against Depreciation (AAD) added to Book Profit u/s 115 JB - MAT computation - AAD is a timing...Advance Against Depreciation (AAD) added to Book Profit u/s 115 JB - MAT computation - AAD is a timing difference, it is not a reserve, it is not carried through profit and loss account and that it is "income received in advance" subject to adjustment in future - No addition - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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