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Income Tax - Highlights / Catch Notes

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MAT - computation of income u/s 115JB - unabsorbed depreciation ...

Income Tax

February 11, 2016

MAT - computation of income u/s 115JB - unabsorbed depreciation and book loss furnished by the assessee for computation of Book Profit u/s 115JB - adjudicating authorities can always consider and decide on merits, any claim which the taxpayer has raised before the AO during assessment proceedings although the same is not claimed by the taxpayer vide Return of income filed with the Revenue - AT

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