MAT - creation of the revaluation reserve account being ...

Revaluation Reserve Affects Balance Sheet, Not Profit and Loss; No Book Profit Reduction for Assessee.

June 25, 2012

Case Laws Income Tax HC

MAT - creation of the revaluation reserve account being referable to the balance-sheet assets portion and not by way of appropriation to the profit and loss account, the question of the assessee claiming reduction to the book profit did not arise. - HC

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MAT - creation of the revaluation reserve account being ...

Revaluation Reserve Affects Balance Sheet, Not Profit and Loss; No Book Profit Reduction for Assessee.

June 25, 2012

Case Laws Income Tax HC

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