Mat


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Querist : Anonymous

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11 August 2014 Is MAT is applicable for company which is suffered loss?

12 August 2014 depends on the causes of loss. MAT was originally brought in to cover cases where loss is declared in the books of accounts.

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Querist : Anonymous

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12 August 2014 Sir can u clarify me,if there is a negative book profit after all adjustments?If so,MAT is caluculated on that one?

12 August 2014 where after all the adjustments, there is no profit, no tax is payable


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