2017 (8) TMI 32

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..... per PartII and PartIII of Schedule VI to the Companies Act, 1956 - Held that:- Tribunal referring to the Judgment of the Apex Court in a case of Apollo Tyres Ltd. v. C.I.T. [2002 (5) TMI 5 - SUPREME Court] and Akshay Textiles Trading and Agencies Pvt.Ltd. [2007 (10) TMI 251 - BOMBAY HIGH COURT] as observed no infirmity in the order of ld. CIT(A) for deleting the addition under Section 115JB.” T .....

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..... nd PartIII of Schedule VI to the Companies Act, 1956. 2 The learned counsel for the Respondent supports the Order. 3 Tribunal while passing the impugned Order observed that while computing the book profit under Section 115JB of the Income Tax Act, the Assessing Officer added the sum of ₹ 2,84,84,000/in the book profit. The Commissioner of Income Tax (Appeals) deleted the addition. The .....

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