MAT Calculation

It is only the total of all years or in other words the accumulated lioss/unabsorbed depreciation as per books as at the end of the FY

can someone tell me what items should be added in calcluation of mat

It should be on yearly basis

Unasborbed Book Depreciation or Book Loss before book depreciation whichever is less can be carried forward each previous year provided one can avail deduction only to the extent of accumulated book loss as on end of previous year For eg. FY 2005-06 Book Loss before book depreciation Rs50 Book Depreciation Rs.150 Carry forward available Rs.50 only FY 2006-07 Book Loss before book depreciation Rs700 Book Depreciation Rs.250 Carry forward available Rs.250 only FY 2007-08 Book Profit before book depreciation Rs2000 Book Depreciation Rs.500 Accumulated profit as on 31st Mar 08 Rs.100 Carry forward available Rs.Nil only For the assessment year 2008-09 book loss or book depreciation will be Zero. In my opinion, When you have accumulated book profit during the previous year and also have unabsorbed brought forward book loss or book depreciation then deduction will be zero.The Company will not get any deduction in this regard.