Capital Gains Exempt Under Section 54G Must Be Excluded When Computing MAT Book Profit
Capital Gains Exempt Under Section 54G Must Be Excluded When Computing MAT Book Profit Issue Whether an assessee, whose entitlement to capital gains exemption under Section 54G is accepted under normal provisions, can claim exclusion of such capital gains while computing book profit under Section 115JB, even if omitted in the original return. Facts Property… Read More »