MAT - Book profit - Amortization of lease hold land has been ...

Income Tax

September 5, 2015

MAT - Book profit - Amortization of lease hold land has been made as per accounting standard 10 of ICAI and amortization of land unclassified as per Accounting Standard 6 of ICAI and in view of CAG, which has been done to meet the requirement of companies Act and amortization of land is permitted u/s 115JB. - AT

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MAT - Book profit - Amortization of lease hold land has been ...

Income Tax

September 5, 2015

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Addition made towards “provision for lease equalization charges” while computing the book profit of the assessee for the purpose of determining tax U/s.115JB - the “Book...

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