CA Day celebration 2024 Easy Office
LCI Learning

Book Profit U/S 115J

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 September 2008 Can Somone Please Tell me Do Capital Gains
to be Included while Calculating Book Profit for MAT U/S 115J. If Any Case Law / Decision in Favour Of Capital Gains Not to be Included Please Specify.
& What if that Income is not Routed Through P/L A/c is this treatment is not as Per Sch.VI oF cOMPANIES Act
Profile Image

Radhika

Profile Image

Radhika (Expert)
13 September 2008 No Any other head income exclude from calculating mat
Profile Image

Ekta .A. Kotak

Profile Image

Ekta .A. Kotak (Querist)
13 September 2008 But In Case Laws Like Veekaylal Investments'Case (2001) 249 ITR 597 (Bom) Capital Gain is included For Calculation Of MAT
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links