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Income Tax - Highlights / Catch Notes

Home Highlights February 2013 Year 2013 This

MAT - Book Adjustments - ascertained liability - where the ...


Bonus Provision Based on Payment of Bonus Act, 1965 is an Ascertained Liability for MAT Book Adjustments.

February 18, 2013

Case Laws     Income Tax     HC

MAT - Book Adjustments - ascertained liability - where the computation of the provision for bonus was on the basis of Payment of Bonus Act, 1965, the same is ascertained liability - HC

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