MAT 115JB Dividend

Is dividend to be added for computation of Book Profits for MAT
Replies (5)
Quick Summary
This discussion addresses whether dividends should be included when calculating book profits for MAT 115JB. While some suggest dividends are part of net profit and require no special treatment, others argue that profits and gains from business professions are calculated separately. The consensus leans towards dividends potentially needing to be added back for MAT computation, as profits derived from section 28 are not directly relevant.

Yes dividend paid should be added back
Dividend is usually a part of net profit. so special treatment wont be necessary
Profits and gains from business profession has a seperate calculation.
dividend is added back to computer the tax on income before payout.
Under mat computation profits as per section 28 is not relevant.

in mat computation book profits are taken
Dividend paid might not also be added back

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