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Calculation of mat

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(Querist)
21 August 2012 Whether book profit calculated for the purpose of MAT includes long term capital gain from sale of land & building????
plz answer asap
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srinath

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srinath (Expert)
21 August 2012 LTCG on land and building will form part of book profits for the purpose of MAT

Computation to be made as per accounts and not as per section 48
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sarthak handa

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sarthak handa (Querist)
21 August 2012 THANKYOU SRINATH




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