Deferred Revenue Expenditure as Window Dressing: Focus on Profit & Loss for Accurate MAT Computation per Schedule VI Part-II.

Deferred Revenue Expenditure as Window Dressing: Focus on Profit & Loss for Accurate MAT Computation per Schedule VI Part-II. https://www.taxtmi.com/highlights?id=26846 MAT computation - deferred revenue expenditure - it is nothing but a window dressing and the authority should not be mislead or guided by this balance sheet which is prepared to satisfy the shareholders. . It is the P & L account prepared on the basis of the books of accounts as contemplated in Part-II of Schedule VI which should form and assist to find out what is the profit earned and on that profit, tax is levied. en-us Fri, 08 Jan 2016 13:46:09 +0530 Fri, 08 Jan 2016 13:46:09 +0530 TaxTMI RSS Generator Deferred Revenue Expenditure as Window Dressing: Focus on Profit & Loss for Accurate MAT Computation per Schedule VI Part-II. https://www.taxtmi.com/highlights?id=26846 MAT computation - deferred revenue expenditure - it is nothing but a window dressing and the authority should not be mislead or guided by this balance sheet which is prepared to satisfy the shareholders. . It is the P & L account prepared on the basis of the books of accounts as contemplated in Part-II of Schedule VI which should form and assist to find out what is the profit earned and on that profit, tax is levied. Highlights Income Tax Fri, 08 Jan 2016 13:46:09 +0530 https://www.taxtmi.com/highlights?id=26846