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Income Tax - Highlights / Catch Notes

Home Highlights November 2010 Year 2010 This

MAT, 115JB, brought forward loss become NIL during AY but ...


MAT Section 115JB: Book Profit Deduction Allowed Using Prior Year's Closing Balance Despite NIL Brought Forward Loss.

November 19, 2010

Case Laws     Income Tax     HC

MAT, 115JB, brought forward loss become NIL during AY but deduction from book profit allowed on closing balance of PY

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