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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Taxability of share of income from AOP u/s 115JB - Book Profit - ...

Income Tax

June 12, 2019

Taxability of share of income from AOP u/s 115JB - Book Profit - when the share of AOP was not taxable under the normal provision of the Income Tax Act than it cannot be brought to be taxed under MAT

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  3. MAT u/s 115JB - assessee is entitled to reduce an amount on account of withdrawal from the provision for ESOP from the taxable book profit in the working of MAT - AT

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