MAT computation - The claim to allow reduction of the brought ...

Reducing brought forward losses from net profit u/s 115JB is disallowed without unabsorbed depreciation for the assessment year.

October 3, 2018

Case Laws Income Tax AT

MAT computation - The claim to allow reduction of the brought forward losses of the petitioner company from the net profit in order to compute book profits under section 115JB of the Act in absence of any unabsorbed depreciation in the assessment year under consideration, cannot be accepted

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MAT computation - The claim to allow reduction of the brought ...

Reducing brought forward losses from net profit u/s 115JB is disallowed without unabsorbed depreciation for the assessment year.

October 3, 2018

Case Laws Income Tax AT

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