Assessing Officer Cannot Adjust Net Profit for MAT Calculation Beyond Section 115JA Explanation Limits. https://www.taxtmi.com/highlights?id=28210 MAT computation - Assessment u/s 115JA - AO does not have the jurisdiction to go beyond the net profit shown in the profit and loss account except to the extent provided in Explanation to Section 115JA of the Act - AT en-us Thu, 31 Mar 2016 14:24:39 +0530 Thu, 31 Mar 2016 14:24:39 +0530 TaxTMI RSS Generator Assessing Officer Cannot Adjust Net Profit for MAT Calculation Beyond Section 115JA Explanation Limits. https://www.taxtmi.com/highlights?id=28210 MAT computation - Assessment u/s 115JA - AO does not have the jurisdiction to go beyond the net profit shown in the profit and loss account except to the extent provided in Explanation to Section 115JA of the Act - AT Highlights Income Tax Thu, 31 Mar 2016 14:24:39 +0530 https://www.taxtmi.com/highlights?id=28210