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Income Tax - Highlights / Catch Notes

Home Highlights February 2017 Year 2017 This

MAT - As per the provisions of section 115JB of the Act the ...


Section 115JB: Book Profits Exclude Bad Debts Written Off in Accounts, Impacting Minimum Alternate Tax Calculations.

February 19, 2017

Case Laws     Income Tax     AT

MAT - As per the provisions of section 115JB of the Act the amount of book profit will not be increased by the amount of bad debts actually written off in the books of accounts - AT

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