Mat calculation in case of b/f loss & nil depreciation

Discussion in 'Taxpayers' started by seema, Sep 26, 2013.

  1. seema

    seema Member

    Please solve the same. Co. Has Net profit of Rs. 5,00,000/-. B/f Loss of Rs. 6,50,000/- & No Unabsorb. Depreciation. So is it require to pay tax?? as per normal computation profit adj. against loss but for incase of MAT we have to take unab. loss or Loss whichever is less.

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