Provisions for gratuity and leave encashment excluded from MAT calculation u/s 115JB; only unascertained liabilities added back. https://www.taxtmi.com/highlights?id=55380 Computation of MAT u/s 115JB - Addition towards delayed payment of gratuity and leave encashment - in computation of book profit only provision for unascertained liability is required to be added back. Provision for gratuity and leave encashment, being ascertained liabilities are not required to be added back to book profits u/s. 115JB - AT en-us Tue, 03 Nov 2020 12:04:18 +0530 Tue, 03 Nov 2020 12:04:18 +0530 TaxTMI RSS Generator Provisions for gratuity and leave encashment excluded from MAT calculation u/s 115JB; only unascertained liabilities added back. https://www.taxtmi.com/highlights?id=55380 Computation of MAT u/s 115JB - Addition towards delayed payment of gratuity and leave encashment - in computation of book profit only provision for unascertained liability is required to be added back. Provision for gratuity and leave encashment, being ascertained liabilities are not required to be added back to book profits u/s. 115JB - AT Highlights Income Tax Tue, 03 Nov 2020 12:04:18 +0530 https://www.taxtmi.com/highlights?id=55380