01 October 2014
I want to know what would be the impact on MAT for decrease in Depreciation and credited to P& L for Rs.2.00 Crores, recalulated due to change in method of depreciation from WDV to SLM
02 October 2014
for MAT Book Profit is Profit for computation of TAX so, change in accounting Policy will not have impact on MAT. Profit derived after crediting Depreciation amount will be taxed under MAT
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