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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Computation of MAT - Entitlement for unabsorbed depreciation - ...

October 30, 2014

Case Laws     Income Tax     HC

Computation of MAT - Entitlement for unabsorbed depreciation - Unabsorbed business loss - the term 'loss' as occurring in clause (b) of the proviso to Section 205 (1) of the Companies Act has to be understood and read as the amount arrived at after taking into account the depreciation - HC

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