Grant Thornton in India invites you to attend its webinar on 'MAT levy for Ind AS compliant companies'.

The Ministry of Corporate Affairs notified application of Ind AS for all companies having net worth of INR 500 crores or more from the financial year 2016-17. Further, other listed companies and companies having net worth of INR 250 crores or more have been covered in the second phase for adoption of Ind AS from financial year 2017-18.

The Finance Act, 2017 has amended the Income-tax Act for computation of book profits for the levy of Minimum Alternate Tax (MAT) by Ind AS compliant companies. The amendment addresses treatment of the Ind AS adjustments both on account of transition and year-on-year adjustments for financial year 2016-17 and onwards.

In this webinar, we will discuss the key considerations impacting computation of book profits for the purpose of levy of MAT, including:

  • Amendments to Section 115JB introduced by the Finance Act, 2017
  • Clarifications provided vide Circular no. 24 of 2017
  • CBDT press release dated 25 July 2017 on proposed amendment to Section 115JB

We look forward to your participation in this interactive webinar to gain an insight in this nascent subject.

Webinar dial-in details

New Delhi - local access: +91 11 66754500
Other cities - local access number : +91 (City Code) 60005900
India Toll Free Number: 1800 120 1298
United States: 18447635818
United Kingdom: 08002797599
Participant PIN: 33108721#

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Siddharth Talwar Partner, Grant Thornton India LLP
Arun Chhabra Director, Grant Thornton Advisory Private Limited

Date & Time

Date: Tuesday, 22 August, 2017
Time: 11:30 - 12:30 hrs IST

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