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Income Tax - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

MAT computation - deduction of capital gains which are exempt ...

Income Tax

August 29, 2019

MAT computation - deduction of capital gains which are exempt u/s.54EC - the adjusted book profits would be further eligible to the benefits set out in the other provisions of the Act and the plain language of Section 115 JB thus admits of the grant of relief u/s 54 EC

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