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Advance Against Depreciation (AAD) added to Book Profit u/s 115 JB - MAT computation - AAD is a timing difference it is not a reserve it is not carried through profit and loss account and that it is income received in advance subject to adjustment in future - No addition - Tri

Income Tax - Advance Against Depreciation (AAD) added to Book Profit u/s 115 JB - MAT computation - AAD is a timing difference, it is not a reserve, it is not carried through profit and loss account a .....

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