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Income Tax - Highlights / Catch Notes

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MAT - Adjustment of bad debts for the purpose of book profits ...

Case Laws     Income Tax

December 21, 2022

MAT - Adjustment of bad debts for the purpose of book profits u/s.115JB - the bad debts which is reduced from the asset side of the debts which amounts to actual write off cannot be adjusted for the purpose of book profits u/s.115JB. - AT

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