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MAT - Computation of Book Profits - Additions - Explanation 1

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..... BITED TO PROFIT LOSS ACCOUNT the amount of income tax paid or payable, and the provision thereof; TO BE ADDED NOT TO BE ADDED Income Tax Wealth Tax DDT under section 115-O Securities transaction Tax Interest under Income tax Act. .....

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..... Provision for leave encashment/ warranty on adhoc basis Provision for leave encashment/ warranty on scientific basis Provision for gratuity on adhoc basis Provision for gratuity on basis of Actuary Provision for losses, contingencies Bad Debts written off. the amount by way of provis .....

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..... diminution in the value of any asset, the amount or amounts of expenditure relatable to income by way of royalty in respect of patent chargeable to tax under section 115BBF (Inserted by FA, 2016 , w.e.f. 1-4-2017) Any Expenditure related to share in the income of AOP/BOI. Any expenditure related to the income to foreign company i.e. from capital gain on securities or Interest, d .....

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