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Income Tax - Highlights / Catch Notes

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Book Adjustments u/s 115JA - Minimum Alternate Tax (MAT) - ...


Section 115JA: Provision for Doubtful Debts on Advances to Sister Concern Excluded from MAT Calculation.

May 8, 2015

Case Laws     Income Tax     HC

Book Adjustments u/s 115JA - Minimum Alternate Tax (MAT) - Provision for doubtful debts - entire provision represented advances towards sister concern and not trade debts - not stand covered by clause (c) of the explanation to Section 115JA(2) - HC

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