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Query regarding mat

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(Querist)
10 November 2014 Should income from house property of company included in calculating MAT??
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CA MANOJ GUPTA

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CA MANOJ GUPTA (Expert)
11 November 2014 JUDICIARY HAS HELD THAT CAPITAL PROFITS ARE PART OF MAT BOOK PROFIT.
APPLYING SAME LOGIC IT CAN BE SAID THAT INCOME FROM RENT WILL FORM PART OF BOOK PROFIT
CA MANOJ GUPTA
JODHPUR
09828510543

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