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2017 (4) TMI 442 - AT - Income TaxMAT computation - inclusion of long term capital gain earned by a partnership firm, in which the assessee is the major partner, as part of book profit of the assessee computed u/s. 115JB - Held that:- As consistent with the view taken by the co-ordinate bench in the case of M/s. Rahil Impex Pvt. Ltd. (2016 (6) TMI 1199 - ITAT MUMBAI), we set aside the order passed by the learned CIT(A) and direct the Assessing Officer to exclude share income from partnership firm while computing book profit u/s. 115JB of the Act.
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