MAT Computation u/s 115JB - once assessee has reduced amount ...

MAT Computation: Investment Diminution Considered a Write-Off, Assessee's Claim Upheld u/s 115JB.

January 2, 2020

Case Laws Income Tax AT

MAT Computation u/s 115JB - once assessee has reduced amount shown by it as a provision for diminution of investment from its total value of investment, it no longer remained a provision. Effectively it was a write off - the claim of assessee with regard to diminution in value of investment has to succeed

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MAT Computation u/s 115JB - once assessee has reduced amount ...

MAT Computation: Investment Diminution Considered a Write-Off, Assessee's Claim Upheld u/s 115JB.

January 2, 2020

Case Laws Income Tax AT

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