if business loss brough forward is nil and unabsorbed dep is x amt then what amt will be deducted for calculation of mat u/s 115jb.
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query relating to u/s115jb mat
Replies (7)
NIL AMOUNT WILL BE DEDUCTED AS SIMPLE AS THAT
Yes Amir is right
Brought forward loss to be considered as per books. If the same is NIL then nothing will be deducted.
NIL amount to be deducted.
agree with all........the amount of loss brought forward or unabsorbed depreciation, whichever is less as per books of account can be deducted / reduced...........
agree with balaji
brought forward loss or unabsorbed depr whichever is less as per books shall be deducted
If any of it is NIL, then NIL amt will be deducted
There would be no deduction at all...
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