MAT - the profit on sale of the land has to be treated as ...

Land Sale Profit as Agricultural Income: Deduct from Book Profit in Income Calculation u/s 115JB.

March 24, 2016

Case Laws Income Tax AT

MAT - the profit on sale of the land has to be treated as agricultural income. Therefore, if any such income is credited to the Profit & Loss account, the same has to be reduced from the book profit while computing income u/s 115JB - AT

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MAT - the profit on sale of the land has to be treated as ...

Land Sale Profit as Agricultural Income: Deduct from Book Profit in Income Calculation u/s 115JB.

March 24, 2016

Case Laws Income Tax AT

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