FBT Provision under MAT
This query is : Resolved
26 November 2007
Dear All,
Thanks for your MAT Computation table. But my query is whether Provision for FBT charged
to P&L has to be taken care while calculating the MAT computation under Provision for Income tax.
Thanks for your support extended.
Arun.P
Thanks for your MAT Computation table. But my query is whether Provision for FBT charged
to P&L has to be taken care while calculating the MAT computation under Provision for Income tax.
Thanks for your support extended.
Arun.P
26 November 2007
FRINGE BENEFIT TAX IS NOT ADDED AS INCOME FOR MAT PURPOSE AS PER IT DEPT. CIRCULAR NO 8/2005 DT 29 TH AUGUST 2005.
R.V.RAO
R.V.RAO
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