MAT Working
This query is : Resolved
25 June 2010
One Pvt. Ltd Co. has write off Goodwill in its Books of account by debiting Profit and Loss accounts. Whether for arriving MAT book profit, the Goodwill should be added back or not.
25 June 2010
Any provision for diminution in the value of assets is to be added back.
Since this is an entire write off the same should not be added back.
Since this is an entire write off the same should not be added back.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Income tax return change regime form necessary or not?
- Tax Audit Mandatory or Optional
- Machinery taking back from repair work shop
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Resignation of auditor and appointment and cfss
- GST Registration DELHI MUMBAI
- Issuance of authorised capital by pvt ltd co
- MISMATCH AMONG GROSS TURNOVER AIS. ACTUAL SHOWING GST PORTAL AND GENIUS FROM GST PORTAL
- Clarification on 15% Saudi Withholding Tax and Refund Eligibility
- Sale of goods to the purchasing party
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
