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Sale of land

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(Querist)
25 September 2015 In company a land is sold at profit. After indexation we are having capital loss. Will the profit be included in calculation u/s 115JB. This means we will end up paying tax even though we have incurred loss after indexation.
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CA CMA CS Ram Pavan Kumar Melam

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CA CMA CS Ram Pavan Kumar Melam (Expert)
25 September 2015 True. MAT credit is available.

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