Hi
While calculating book profit for the purpose of MAT calculation, whether defferred tax should be adjusted ??
Whether defferred tax can be considered as provision for income tax
Menu
Book Profit Calculation
Replies (5)
No adjustment shall be done with respect to deferred tax . Please refer section 115JB of the Income tax Act .
please explain me whether it is a provision for income tax
no its not provision
provision for deffered tax liab. should disallow,its a disputed matter no sc decision made on so it will be preferrable to dissallow
ADFDFDFDFDSGFGFDGFDGFD
please refer section 115JB of IT act, 1961
Recent Topic
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
- What would be my Salary
- Damage good
- INCOME TAX RETURN
- Form 10E doubt
- LTCG on property sale after 24jul2024
- Should we mention NET INCOME or GROSS INCOME in i
- CRYPTO - SETOFF
- WBAAR: No Reclaim of Reversed ITC under Section 16
Related Topics
CAclubindia
