Mat-ltcg
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 July 2012
Our company is having LTCG fro mutual fund during FY 11-12. But we applied indexation for the same it will become loss.
For calculating MAT liability whether we have to consider that LTCG without indexation
For calculating MAT liability whether we have to consider that LTCG without indexation
25 July 2012
Yes, in calculating book profit, you are not allowed for indexation.
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