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Income Tax - Highlights / Catch Notes

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MAT provision - Since Explanation 1 to sec. 115JB(2) of the Act ...

Income Tax

April 25, 2016

MAT provision - Since Explanation 1 to sec. 115JB(2) of the Act is applicable retrospectively with effect from 1.4.2001, the provision for bad and doubtful debt has to be increased as provided therein - AT

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