BMC Associates says Replied on 11th April,2026 09:43 AM

The difference in the solution of DT Test 2 Q1 regarding book profit between ICAI’s provided solution and the suggested answer usually arises due to interpretation of adjustments under Minimum Alternate Tax (MAT) provisions (Section 115JB). In many cases, ICAI solutions strictly follow provisions of the Income Tax Act, while suggested answers (from faculties or other sources) may: Include/exclude certain adjustments differently Treat provisions (like deferred tax, reserves, or prior period items) in a slightly varied manner Interpret add-backs and deductions based on practical assumptions 👉 The most common differences occur in: Treatment of provision for tax / deferred tax Adjustments related to reserves & surplus Disallowable expenses vs allowable deductions 📌 As per ICAI guidelines, students should always prioritize ICAI material in exams, since it reflects the marking scheme and expected approach. 💡 Practical Insight: In real-world practice, such differences are also seen when professionals interpret tax provisions. That’s why businesses often rely on experienced experts. Whether you're looking for ca firms in gurugram, Ca firms in Delhi, or a Chartered Accountant in Delhi, it’s important to consult professionals who have strong expertise in handling MAT and book profit calculations. You can also find reliable support from: Chartered Accountant in Uttam Nagar Chartered Accountant in Noida Chartered Accountant in Dwarka Many ca firms in Noida, ca firms in Dwarka, and ca firms in Uttam Nagar specialize in taxation and compliance, helping businesses avoid such confusion. 🔍 Conclusion: ✔ Follow ICAI solution for exams ✔ Understand logic behind adjustments ✔ In practice, take expert advice If you're searching for a top ca in gurgaon or a trusted ca in Delhi / ca in Noida / ca in Dwarka, always choose professionals with strong taxation knowledge and practical experience.

Subhojeet pal says Replied on 25th May,2025 11:35 PM

yes it's good..but ....some questions are outdated....for practical subjects u can refer this test series

Rehaan Khan says Replied on 25th May,2025 10:31 PM

is this test series good?

Subhojeet pal says Replied on 24th May,2025 10:28 PM

yes some questions are outdated

Rahul says Replied on 23rd May,2025 01:22 PM

hello

Bhavin says Replied on 17th May,2025 06:06 PM

this test series violets condition, they just provided old test series

Abhinav Panicker says Replied on 16th April,2025 07:18 PM

when will the checked answer sheets be available on an average?

Jayesh S Zawar says Replied on 15th April,2025 11:29 AM

It's not about +1 but what about other students who has relied on incorrect solution as provided on site & set in their mind about wrong concept of MAT

Yash says Replied on 11th April,2025 07:48 AM

+1