Home / 
AAD is a Timing Difference u/s 115 JB for MAT; Not Added to Book Profit.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Advance Against Depreciation (AAD) added to Book Profit u/s 115 JB - MAT computation - AAD is a timing difference, it is not a reserve, it is not carried through profit and loss account and that it is "income received in advance" subject to adjustment in future - No addition - AT....
TaxTMI
TaxTMI