MAT computation - adding back Rent equalisation reserve to the ...

Rent Equalization Reserve Added to Book Profits for MAT Calculation u/s 115JB; Accounting Standard 19 Not Applicable.

March 8, 2017

Case Laws Income Tax AT

MAT computation - adding back Rent equalisation reserve to the book profits - AS 19 is not applicable to lease of immovable property. - AO rightly added back the rent equalization reserve debited to Profit & Loss Account while computing the book profit for the purposes of section 115JB - AT

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MAT computation - adding back Rent equalisation reserve to the ...

Rent Equalization Reserve Added to Book Profits for MAT Calculation u/s 115JB; Accounting Standard 19 Not Applicable.

March 8, 2017

Case Laws Income Tax AT

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