MAT
This query is : Open
27 January 2010
Dear All,
pls give you valuble openion on the following:
Mat is te minimum alternative tac which is calculated on the book profit and deposited.
but if a company does not have any real profit then how it is accounted for.
is it allowed as expences.
i mean to say how it is shown in hte financial statements.
pls give you valuble openion on the following:
Mat is te minimum alternative tac which is calculated on the book profit and deposited.
but if a company does not have any real profit then how it is accounted for.
is it allowed as expences.
i mean to say how it is shown in hte financial statements.
CA Pramod Jain
(Expert)
27 January 2010
if no book profit then there will be no mat,
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