Computation of book profits for a company whose financial statements are prepared in accordance to Indian Accounting Standards - Section 115JB(2A)

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..... 7 , w.e.f. 1-4-2017]. For a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the Companies (Indian Accounting Standards) Rules, 2015 , the book profit as computed in accordance with Explanation 1 to section 115JB(2) shall be further increased by all amounts credited to other comprehensive income in the statement of profit and .....

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..... first proviso is retired, disposed, realised or otherwise transferred shall be increased or decreased, as the case may be, by the amount or the aggregate of the amounts referred to in the first proviso for the previous year or any of the preceding previous years and relatable to such asset or investment. Increased by amounts or aggregate of the amounts debited to the statement of profit and loss .....

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