Section 115J MAT Confirms Additions for Incomplete Project Liabilities as Foreseeable Losses in Profit and Loss Accounts.

Section 115J MAT Confirms Additions for Incomplete Project Liabilities as Foreseeable Losses in Profit and Loss Accounts. https://www.taxtmi.com/highlights?id=42258 MAT - additions u/s 115J - provisions for liability towards incomplete projects - whether in the nature of foreseeable loss, which is an ascertainable liability and is reflected in the Profit And Loss account accepted by the Registrar of Companies - Additions confirmed. en-us Thu, 25 Oct 2018 08:46:07 +0530 Thu, 25 Oct 2018 08:46:07 +0530 TaxTMI RSS Generator Section 115J MAT Confirms Additions for Incomplete Project Liabilities as Foreseeable Losses in Profit and Loss Accounts. https://www.taxtmi.com/highlights?id=42258 MAT - additions u/s 115J - provisions for liability towards incomplete projects - whether in the nature of foreseeable loss, which is an ascertainable liability and is reflected in the Profit And Loss account accepted by the Registrar of Companies - Additions confirmed. Highlights Income Tax Thu, 25 Oct 2018 08:46:07 +0530 https://www.taxtmi.com/highlights?id=42258