AO Correctly Adds Loan Settlement Benefit to Book Profit u/s 115JB, Aligning with Section 41(1) Addition.

MAT computation - re-computation of book profit u/s 115JB - since the assessee has not routed the benefit got out of onetime settlement of loan from the banks through P&L Account, the AO has rightly made addition to book profit computed u/s 115JB in respect of addition made u/s 41(1) of the Act. .....

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