MAT 115JB Dividend
Sri Sri (25 Points)
14 September 2021
Is dividend to be added for computation of Book Profits for MAT
5 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 14 September 2021
Yes dividend paid should be added back
veerendar singh
(tax consultant)
(3306 Points)
Replied 14 September 2021
Dividend is usually a part of net profit. so special treatment wont be necessary
sabyasachi mukherjee
(27736 Points)
Replied 14 September 2021
Profits and gains from business profession has a seperate calculation.
dividend is added back to computer the tax on income before payout.
dividend is added back to computer the tax on income before payout.
veerendar singh
(tax consultant)
(3306 Points)
Replied 14 September 2021
Under mat computation profits as per section 28 is not relevant.
in mat computation book profits are taken
in mat computation book profits are taken
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 03 November 2021
Dividend paid might not also be added back
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