MAT - book profit adjustments - the methodology adopted by the ...

Taxpayer's Method of Prioritizing Loss Set-Off Over Depreciation Misaligns with Clause (iii) of Section 115JB Purpose.

July 29, 2018

Case Laws Income Tax AT

MAT - book profit adjustments - the methodology adopted by the assessee to prioritise set off of unabsorbed loss regardless of unabsorbed depreciation being lower is not in tune with the aim and object of Clause (iii) to Explanation 1 of Section 115JB of the Act.

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MAT - book profit adjustments - the methodology adopted by the ...

Taxpayer's Method of Prioritizing Loss Set-Off Over Depreciation Misaligns with Clause (iii) of Section 115JB Purpose.

July 29, 2018

Case Laws Income Tax AT

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