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Income Share Exemptions u/s 10(2A) Apply to Losses Too; Aligns with MAT Provisions in Section 115JB.
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....MAT u/s 115JB - book adjustments - When share of income from firm is exempt u/s.10 2(A) of the Act, necessarily share of loss is also exempt - what the AO did was in accordance with Clause(ii) of the Explanation....
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