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Effect of preliminary exp on mat

This query is : Resolved 

29 September 2013 Dear Members,

Preliminary exp is to be written off @ 20%

as per IT Act. As per Co. Law it is 100% allowed.

For MAT Book Profit whether Preliminary exp. is to be added back.

& What will be the effect of above in P&L Schedule of ITR


30 September 2013 for the MAT preliminary exp are not to be added back..



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