Assessee Can Include Merging Companies' Losses and Depreciation for Book Profit Calculations u/s 115JB.

Assessee Can Include Merging Companies' Losses and Depreciation for Book Profit Calculations u/s 115JB. https://www.taxtmi.com/highlights?id=23589 MAT - Book Adjustments - assessee that brought forward business losses and depreciation of the merging companies is a part of the brought forward business loss and depreciation of Dhariwal Industries Ltd and the assessee is entitled to take into account the same for the purpose of computation of book profit u/s.115JB. - AT en-us Wed, 01 Jul 2015 06:54:45 +0530 Wed, 01 Jul 2015 06:54:45 +0530 TaxTMI RSS Generator Assessee Can Include Merging Companies' Losses and Depreciation for Book Profit Calculations u/s 115JB. https://www.taxtmi.com/highlights?id=23589 MAT - Book Adjustments - assessee that brought forward business losses and depreciation of the merging companies is a part of the brought forward business loss and depreciation of Dhariwal Industries Ltd and the assessee is entitled to take into account the same for the purpose of computation of book profit u/s.115JB. - AT Highlights Income Tax Wed, 01 Jul 2015 06:54:45 +0530 https://www.taxtmi.com/highlights?id=23589