Regarding mat
This query is : Resolved
AAYUSHI KHANDELWAL
(Querist)
14 August 2013
Dear sir,
Please tell me that in MAT Calculation which figure start for book profit
PAT or PBT??????????
Please tell me that in MAT Calculation which figure start for book profit
PAT or PBT??????????
14 August 2013
You have to start with Profit before Tax.
Even if you start with Profit After Tax, the tax/provision for tax will be added for computing book profit.
So it will not make any difference.
Even if you start with Profit After Tax, the tax/provision for tax will be added for computing book profit.
So it will not make any difference.
14 August 2013
Yes start with PAT and later it will be added back as per 115JC.
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