MAT computation - whether the provision made for purchase tax, ...

Income Tax

July 1, 2019

MAT computation - whether the provision made for purchase tax, purchase tax on cane subsidy and wealth tax are not to be added while computing the book profits u/s 115JA? - In the absence of any data to show that scientific method was adopted, additions confirmed.

View Source

← Previous Next →

MAT computation - whether the provision made for purchase tax, ...

Income Tax

July 1, 2019

You may also like:

Levy of purchase tax - Valuation - The Tribunal is justified in imposing the purchase tax on the Assessee Sugar Mill on the entire purchase price including the...

Levy of purchase tax - valuation - The Tribunal is justified in imposing the purchase tax on the Assessee Sugar Mill on the entire purchase price including the...

Nature of incentive subsidy - Capital or revenue receipt - subsidy on the purchase of generator set - the same is capital subsidy and should go on to reduce the cost of asset - AT

Addition of provision made for doubtful debts while computing book profit u/s 115JA - Minimum alternate tax (MAT) - Said amount is to be added to the book profit - HC

Valuation - includibility in purchase turnover - the transport subsidy formed part of the consideration for the purchase of the sugarcane by the appellant from the...

Kerala State Electricity Board is not liable to tax under MAT provisions - 115JB

Classification of goods - whether PVC Tufted Coir Mats and Matting can be fitted into low band of tax rate of 5% as Coir Mats and Matting - held NO - Liable to GST @12%

Classification of Polypropylene Mats (Floor Mats) - appropriate heading for Polypropylene Mats made from plaiting materials is 4601 and the relevant sub-heading is 4601 99.

Deduction u/s 80IB and 80IC - Transport subsidy - Power subsidy - Interest subsidy - Insurance subsidy - are operational in nature - related to the production -...

Computation of MAT tax liability - the tax liability arising under normal provisions of the Act and u/s 115JB of the Act should be compared before allowing rebate u/s 88E - AT

Quick Updates: