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2016 (5) TMI 703 - AT - Income TaxMAT applicability - CIT(A) directing the AO to give benefit of unabsorbed depreciation and recomputed the book profits as per the provisions of section 115JB - Held that:- The aggregate of business loss or depreciation, whichever lower is to be considered for reduction out of the book profit. See Amline Textiles P.Ltd. Vs. ITO [2008 (11) TMI 438 - ITAT MUMBAI ]
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