Section 115 jb of it act for mat

When we are calculating MAT U/S 115JB

It is written "Depriciation as per books of accounts."

Which Depreciation do we have to take for calculation Income Tax Or Companies Act?

Replies (3)

115 jb talk about book profit .so depreciation at rate provided under companies act excluding depreciation on revaluation

 

 

 

115 jb talk about book profit .so depreciation at rate provided under companies act excluding depreciation on revaluation

 

 

 

Thanks Babita Mam.

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