Is dividend to be added for computation of Book Profits for MAT
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Quick Summary
This discussion addresses whether dividends should be included when calculating book profits for MAT 115JB. While some suggest dividends are part of net profit and require no special treatment, others argue that profits and gains from business professions are calculated separately. The consensus leans towards dividends potentially needing to be added back for MAT computation, as profits derived from section 28 are not directly relevant.