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Calculation of book profit as per income tax for mat.

This query is : Resolved 

27 November 2014 Hello All,
May I know which profit should be the starting point to calculate the Book profit for MAT, Profit after deferred tax adjustment or profit before tax?

27 November 2014 It is Net profit before the deferred tax only. incase deferred tax already debited/credited then accordingly we need to add/deduct from the net profit.

28 November 2014 you have to calculate the book profit according to adj given u/s 115JB







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