CONTENTPreface to the Forth EditionAbout the AuthorCA. Kamal Garg lB. Com (11), FCA, DISA (lCAI)] is a Fellow Member of The Institute of Chartered Accountants of India (ICAl) and a First ClassCommerce Baccalaureate from Deen Dayal Upadhyaya College, University ofDelhi and a consulting academician in KGMA, Delhi. He was also the memberof Board of Studies (BOS) Study Material Research Group (2009-2010) ofNIRCof ICAI and a special invitee member of Accounting Standards Board (ASB) ofICAI. He is also the faculty member of Ethical Standards Board (ESB) of ICAIand had an opportunity to act as a speaker in the very 1st Live Webcast held byESB of ICAI in March 2013. He is also a key resource person for developmentand review of various study contents and webcasts for BOS of ICAI, such asstudy material and practice manual on Advanced Auditing for CA Final,eLectures for CA IPCC and CA Final studies, etc.Detailed ContentsChapter 1. Minimum Alternative Tax (MAT) An – IntroductionChapter 2. Net Profit as per Profit and Loss AccountChapter 3. Income Tax Paid/Payable/Provision for Income TaxChapter 4. Amounts Carried to ReservesChapter 5. Unascertained LiabilitiesChapter 6. Provision for Losses of Subsidiary CompaniesChapter 7. Dividends paid or proposedChapter 8. FAQs under MATChapter 9. Schedule III under Companies Act, 2013 ΓÇô An AnalysisChapter 10. FAQs on Schedule III under Companies Act, 2013Chapter 11. Significant Accounting Standards pertinent to MAT under Income Tax Act, 1961Chapter 12. Accounting Treatment for MAT CreditChapter 13. Special Provisions Relating to Certain Limited Liability Partnerships (LLP)Chapter 14. Alternate Minimum Tax (AMT) on all persons other than companies [Section 115JC to 115JF ChapterXlIBAj [ W.e.f. A.Y. 2013-14] Chapter 15.Other Significant Judgments on MATChapter 16. IIIustrations on MATChapter 17. Levy of Mat on FIIsAppendix 1. Sections 115JA to 11518Appendix 2. Rule 40B with Form 29BAppendix 3. Sections 115JC to 115JFAppendix 4. Rule 40BA with Form 29CAppendix 5. Schedule VI of Companies Act, 1956Appendix 6. Schedule III of Companies Act, 2013Appendix 7 Schedule II of Companies Act, 2013Appendix 8 CBDT Mandation on E-filing of Audit Report, etc.
3rd Edition, 2014