Mat u/s 115-jb

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rakshay (Querist)
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16 October 2016 At the time of calculation of tax under (MAT). book profit U/S 115jb whether long term capital gain will be consider or not.

nishant (Expert)
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16 October 2016 All long term capital gains are chargeable to MAT.

rakshay (Querist)
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18 October 2016 If long term capital gain is exemted as per income tax provision in that case it is consider or not?

nishant (Expert)
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18 October 2016 Still it is taxable, say for example LTCG exempt u/s 10(38) is taxable under MAT provisions.

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