No Unabsorbed Depreciation Available for Book Profit Reduction in 2004-05 u/s 115JB of Income Tax Act. https://www.taxtmi.com/highlights?id=15275 Mat - book adjustment u/s 115JB - Since unabsorbed depreciation as per books is nil for assessment year 2004- 05, it will not be permissible to reduce any amount on account of unabsorbed depreciation or brought forward business loss from book profit - AT en-us Thu, 24 Oct 2013 11:16:08 +0530 Thu, 24 Oct 2013 11:16:08 +0530 TaxTMI RSS Generator No Unabsorbed Depreciation Available for Book Profit Reduction in 2004-05 u/s 115JB of Income Tax Act. https://www.taxtmi.com/highlights?id=15275 Mat - book adjustment u/s 115JB - Since unabsorbed depreciation as per books is nil for assessment year 2004- 05, it will not be permissible to reduce any amount on account of unabsorbed depreciation or brought forward business loss from book profit - AT Highlights Income Tax Thu, 24 Oct 2013 11:16:08 +0530 https://www.taxtmi.com/highlights?id=15275