MAT - book profit u/s. 115JB - AO is required to determine ...
Assessing Officer Must Independently Calculate Loss or Unabsorbed Depreciation Each Year u/s 115JB for MAT Deduction.
February 21, 2012
Case Laws Income Tax AT
MAT - book profit u/s. 115JB - AO is required to determine amount of loss brought forward or unabsorbed depreciation for each of years without taking said adjustment into consideration and allow deduction in respect of lesser of two amounts. - HC
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