Section 14A Disallowance Not Applicable in MAT Computation u/s 115JB, Deemed Artificial and Excluded from P&L.

Section 14A Disallowance Not Applicable in MAT Computation u/s 115JB, Deemed Artificial and Excluded from P&L. https://www.taxtmi.com/highlights?id=31345 MAT computation - The disallowance made u/s 14A of the Act read with Rule 8D is only artificial disallowance and obviously the same is not debited in the profit and loss account and the same cannot be imported into clause (f) of Explanation to Section 115JB - AT en-us Thu, 22 Sep 2016 13:07:04 +0530 Thu, 22 Sep 2016 13:07:04 +0530 TaxTMI RSS Generator Section 14A Disallowance Not Applicable in MAT Computation u/s 115JB, Deemed Artificial and Excluded from P&L. https://www.taxtmi.com/highlights?id=31345 MAT computation - The disallowance made u/s 14A of the Act read with Rule 8D is only artificial disallowance and obviously the same is not debited in the profit and loss account and the same cannot be imported into clause (f) of Explanation to Section 115JB - AT Highlights Income Tax Thu, 22 Sep 2016 13:07:04 +0530 https://www.taxtmi.com/highlights?id=31345