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Income Tax - Highlights / Catch Notes

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MAT - adjustment made in the book profit computed U/s 115JB in ...

Income Tax

August 30, 2018

MAT - adjustment made in the book profit computed U/s 115JB in respect of share of the assessee in the income of the joint venture - whether the share of profit from AOP/Joint Venture shall be excluded for the computation of book profit U/s 115JB? - Held Yes - The amendment is retrospective in nature.

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