9911796707
TMI Blog2019 (3) TMI 399X X X X Extracts X X X X X X X X Extracts X X X X ..... P.C.: 1. Heard. 2. The appeal is admitted for consideration of following substantial question of law:- "(i) Whether on the facts and in the circumstances of the case and in law, the Tribunal was right in deleting the addition made in respect of provision for bad and doubtful debts at Rs. 11,91,81,266/- in computation of book profit u/s. 115JB of the Income Tax Act, 1961? (ii) Whe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in computation of book profit u/s. 115JB of the I.T. Act? (b) Whether on the facts and in the circumstances of the case and in law, the Tribunal was right in deleting the addition made in respect of excess expenditure on Voluntary Retirement of Rs. 2,96,00,000/- in computation of book profit u/s. 115JB of the I.T. Act? (c) Whether on the facts and in the circumstances of the case ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f provision for deferred tax liability of Rs. 20,50,00,000/- holding that the addition made by the AO resulted into double disallowance to the assessee?" 4. Question Nos. (a) to (d) relate to different additions made by the Assessing Officer while computing the assessee's book profit under Section 115JB of the Income Tax Act, 1961 ("the Act" for short). The CIT(A) and the Tribunal by concurre ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ilar to one considered by this Court in Income Tax Appeal No. 1928 of 2013 in which by order dated 9.12.2015, this question was not considered. 7. In so far as question No. (f) is concerned, the CIT(A) and the Tribunal both have concurrently held the disallowance amounts to double disallowance and therefore, deleted the same. This additional question, therefore, not considered. 8. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
