TMI BlogMAT computation - share of profit from the partnership firm was sought to be excluded while computing...MAT computation - share of profit from the partnership firm was sought to be excluded while computing the book profits u/s.115JB by treating it as capital receipt - the amount received from partnership firm in the sum requires to be reduced while calculating the book profits u/s.115JB. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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