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MAT - AO add back the Income-tax paid in Spain while computing book profit u/s. 115JB - only taxes specified in Explanation 2 can be added back while computing book profits. - tax paid in foreign country cannot be added back u/s 115JB while computing book profits
MAT - AO add back the Income-tax paid in Spain while computing book profit u/s. 115JB - only taxes specified in Explanation 2 can be added back while computing book profits. - tax paid in foreign country cannot be added back u/s 115JB while computing book profits
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