Company A Ltd megers with B Ltd forming B Ltd. Can the benefit of losses of A Ltd be carried forward as per MAT i.e. section 115JB?
Menu
Mat
Replies (2)
Sir please guide what is mat in income tax and how to compute book profit in mat
Where a company merges with another under the scheme of amalgamation, the past loss of the amalgamating company can be carried forward by the new company.
and MAT of succesor company shall be computed as per the provisions of section 115JB
Recent Topics :
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
Related Topics :
CAclubindia
