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Mat calculation
If a company earns any income under house property or any other head of income, which is not its business income, and if tax payable as per book profits is more with respect to business income. Can the MAT credit be adjusted to tax payable on income from House property or any other head of income(which is not the business income)
Replies (1)
In my view mat credit can not be taken from other income. Others view solicited.
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