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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

MAT - computing the book profits u/s 115JB - The depreciation to ...

Case Laws     Income Tax

November 25, 2017

MAT - computing the book profits u/s 115JB - The depreciation to be allowed while working the book profits is always as per the Companies Act and the depreciation should not be reduced as is done in the normal assessments by substituting the depreciation claimed under the Companies Act by the depreciation allowable under the Act. - AT

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