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Income Tax - Highlights / Catch Notes

Home Highlights May 2018 Year 2018 This

MAT computation - reduction of least of cash loss or ...


Assessee correctly deducts unabsorbed depreciation u/s 115JB for MAT, aligning with tax guidelines.

May 27, 2018

Case Laws     Income Tax     AT

MAT computation - reduction of least of cash loss or depreciation loss as per books of accounts while computing the book profits u/s 115JB - The assessee has rightly deducted unabsorbed depreciation loss as per books of accounts

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