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Income Tax - Highlights / Catch Notes

Home Highlights July 2018 Year 2018 This

MAT - book profit adjustments - the methodology adopted by the ...

Case Laws     Income Tax

July 29, 2018

MAT - book profit adjustments - the methodology adopted by the assessee to prioritise set off of unabsorbed loss regardless of unabsorbed depreciation being lower is not in tune with the aim and object of Clause (iii) to Explanation 1 of Section 115JB of the Act.

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