For the purpose of MAT we have to calculate gross assets.
lwe have to consider almost all the items in asset side of the balance sheet decreased by debit balance in p&l account.
My doubt is whether defered tax asset should be included or not. Please clarify
This is going to be implemented after 2 years. So wait for some clarification
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
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