Dear All,
Iw ould like to Know About MAT
In Last To Assesment Year we do not carry forward any business loss but we have the loss in the AY 2012-13 we made Profit of Abt 80L And In Last 2 Years Depreciaition Loss 35.00L And 45L But No Business Loss, Can these Losses Adjusted towards our Book Profit For Current Year or We Need To Pay MAT ?
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Iw ould like to Know About MAT
In Last To Assesment Year we do not carry forward any business loss but we have the loss in the AY 2012-13 we made Profit of Abt 80L And In Last 2 Years Depreciaition Loss 35.00L And 45L But No Business Loss, Can these Losses Adjusted towards our Book Profit For Current Year or We Need To Pay MAT ?
Please Reply