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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Exemption u/s 80E - only as much of tax under the MAT provisions ...

Case Laws     Income Tax

September 9, 2015

Exemption u/s 80E - only as much of tax under the MAT provisions which relates to the income, though based on book profit, attributable to the profits of the assessee's business arising from taxable securities transactions, would stand to be allowed, in view of the qualifying condition of section 88E - AT

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