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Mat-ltcg

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Querist : Anonymous

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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
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Suresh Mittal

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Suresh Mittal (Expert)
25 July 2012 Yes, in calculating book profit, you are not allowed for indexation.

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