Contents

• Chapter 1       Minimum Alternate Tax (MAT) — An Introduction
• Chapter 2       Net Profit as per Profit and Loss Account
• Chapter 3       Income Tax Paid/Payable/Provision for Income Tax
• Chapter 4       Amounts Carried to Reserves
• Chapter 5       Unascertained Liabilities
• Chapter 6       Provision for Losses of Subsidiary Companies
• Chapter 7       Dividends paid or proposed
• Chapter 8       Tax Free Incomes and Expenditures Related to them
• Chapter 9       Expenditure Relatable to Share of Income in AOP/BOI
• Chapter 10     Expenditure relatable to Foreign Company’s Income Taxable at less than MAT rate
• Chapter 11     Notional Loss of Sponsors of REITS and INVITS on Exchange of Shares in SPV for Units of REIT/INVIT or Due to Change in Value of Units or Loss on Transfer of Units
• Chapter 12     Expenditure Relatable to Resident Company’s Royalty Income from Patents Chargeable to tax u/s 115BBF @ 10% (i.e. at less than MAT rate)
• Chapter 13     Amount of Depreciation and Revaluation Reserve in Respect of Asset Retired/Disposed Off
• Chapter 14     Withdrawals from Reserves or Provisions
• Chapter 15     Loss Brought Forward or Unabsorbed Depreciation
• Chapter 16     Profits of a Sick Industrial Company
• Chapter 17     FAQs under MAT
• Chapter 18     Rationalisation of provisions of section 115JB in line with Indian Accounting Standard (Ind-AS)
• Appendix 1    Indian Accounting Standard (Ind AS) 101: First-time Adoption of Indian Accounting Standards
• Chapter 19     Format of Financial Statements for Companies (Other than NBFCs) required to comply with Ind-AS under Companies Act, 2013 — Division II of Schedule III
• Chapter 20     FAQs on Schedule III under Companies Act, 2013
• Chapter 21     Ind AS Financials Format — A Comparison with AS Financials Format
• Chapter 22     Significant Accounting Standards pertinent to MAT under Income Tax Act, 1961
• Chapter 23     Accounting Treatment for MAT Credit
• Chapter 24     Special Provisions Relating to Certain Limited Liability Partnerships (LLP)
• Chapter 25     Alternate Minimum Tax (AMT) on all persons other than companies [Section 115JC to 115JF Chapter XIIBA]
• Chapter 26     Significant Judgments on MAT
• Chapter 27     Levy of MAT on FIIs
• Chapter 28     Illustrations on MAT
• Chapter 29     Draft guidelines for computation of book profit by  Ind AS Compliant Companies
• Appendix 1    Relevant Statutory Provisions
• Appendix 2    Rule 40B with Form 29B
• Appendix 3    Sections 115JC to 115JF
• Appendix 4    Rule 40BA with Form 29C
• Appendix 5    Schedule III of Companies Act, 2013
• Appendix 6    Schedule II of Companies Act, 2013