17 November 2011
As per the Finance Act- 2012 the MAT will be applicable to SEZ FOR AY- 2012-13, and Hence Book Profit needs to compute as per Sec- 115JB
17 November 2011
For AY- 2011-12 , you need to consider the book profit as there was no MAT provision was applicable for AY- 2011-12. In other words you are exempt for computing Book profit.
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