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Mat

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(Querist)
19 August 2013 DEAR SIR,

WE HAVE ONLY RENTAL INCOME IN OUR COMPANY AND NO BUSINESS INCOME. I WANT TO KNOW WHETHER WE CAN ADJUST THE RENTAL INCOME WHILE CALCULAT MAT.


THANKS
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
19 August 2013 Pls clearify what adjust the is rental income in MAT?
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vin1975

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vin1975 (Querist)
19 August 2013 whether we can reduced the rental Income from Profit as per profit and loss A/c while calculating MAT since we have only rental income and no business income



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
19 August 2013 you need to follow sec 115JB and Explaination to it to be precise.

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