Easy Office
LCI Learning

MAT and Long term capital gain

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 January 2020 Company sold an old fixed assets having nominal value in books, resulted in long term capital gain as well as MAT?
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
16 January 2020 MAT is applicable on capital gains included in book even if same is not liable to be taxed.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links