MAT
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 May 2011
Dear Sirs,
Please suggest, while calculating book proft and tax as per MAT, previous year business losses and accumulated depreciation can be set off?
Kindly someone reply.
Thanks,
Please suggest, while calculating book proft and tax as per MAT, previous year business losses and accumulated depreciation can be set off?
Kindly someone reply.
Thanks,
CA MANOJ GUPTA
(Expert)
31 May 2011
U CAN SET OFF ONLY THE B/FD BUSINESS LOSS OR UNABSORBED DEP WHICEVER IS LESS THAT TOO IF ANY ONE OF THEM IS NOT NIL
CA MANOJ GUPTA
JODHPUR
09828510543
CA MANOJ GUPTA
JODHPUR
09828510543
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