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

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

28 November 2007 Thanks


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