Advance Against Depreciation (AAD) added to Book Profit u/s 115 ...

Income Tax

November 2, 2015

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 - AT

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Advance Against Depreciation (AAD) added to Book Profit u/s 115 ...

Income Tax

November 2, 2015

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