Section 115JA: Provision for Doubtful Debts on Advances to Sister Concern Excluded from MAT Calculation.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Book Adjustments u/s 115JA - Minimum Alternate Tax (MAT) - Provision for doubtful debts - entire provision represented advances towards sister concern and not trade debts - not stand covered by clause (c) of the explanation to Section 115JA(2) - HC....