Provision for Doubtful Debts Not an Actual Write-Off u/s 115JB, Impacts Minimum Alternate Tax Calculation.

MAT - Adjustment to book profit u/s 115JB - the provision for doubtful debts shall represent a provision made to take care of the diminution in the value of “Sundry debtors” and the same cannot be understood as actual write off as ‘Bad debts’ - AT .....

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