I didn't took 35AD as business commenced on 1.4.09... I took additional dep on 50L @ 20 % and didn't gave 80I effect, I added provision for doubtful debts 20L ,
For AMT - sez profit , dep on revaluation , uti income , share of aop to be excluded..
For slump sale I considered revalued stock.
I didnt take addnl depreciation...i stated that it is inclusive..i tot the information of the asset given was for calculating 32AC...most ppr was ipcc based...the questions based on japan airlines n wizcraft ent were not case study ques as we nly had to give the section and the rate of tds...the core case laws were not from the case law book...the pgbp ques had a minimum of 4 icds pts...one subsidy...one provision (wages)...overvaluation based on inventories and one more
No tds is required on agricultural land
Also for MAT u should only subtract invst inc from UTI and share of AOP from income part
Logically the point in Additional information was only for the purpose of calculating addl depre!
How can you assume it to be for S. 32AC?
I didnt assume...in the pressure of exam..i got confused and thought of limit as 25 lacs instead of crores
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