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Profit from sale of agricultural land can’t be included in book profit for the purpose of MAT

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  • Profit from sale of agricultural land can’t be included in book profit for the purpose of MAT
Posted onon September 6, 2014

Tenet Tax Daily September 05 2014

By tenettax-team
Corporate Tax

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Sec. 54F benefit is available on purchase of multiple units if it constitutes one residential house
Sum received from letting out an office space with facilities of cafeteria and conference room was business income

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