Mat u/s 115-jb


This query is : Resolved 

16 October 2016 At the time of calculation of tax under (MAT). book profit U/S 115jb whether long term capital gain will be consider or not.

16 October 2016 All long term capital gains are chargeable to MAT.

18 October 2016 If long term capital gain is exemted as per income tax provision in that case it is consider or not?

18 October 2016 Still it is taxable, say for example LTCG exempt u/s 10(38) is taxable under MAT provisions.


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