2021 (10) TMI 168

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..... peal has already been answered in favour of the assessee by this Court in the case of COMMISSIONER OF INCOME-TAX, BANGALORE Vs. ING VYSYA BANK LTD [ 2020 (1) TMI 1116 - KARNATAKA HIGH COURT ] in favour of the assessee and against the revenue. - THE HON BLE MR. JUSTICE ALOK ARADHE AND THE HON BLE MR. JUSTICE HEMANT CHANDANGOUDAR APPELLANT: SRI K.V.ARAVIND, ADVOCATE RESPONDENT: SRI S .....

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..... sions of Section 115JB not be applicable to the assessee Company even when assessing authority rightly invoked the said provision as the tax payable under the normal provisions was lesser when compared to tax payable on the book profit under Section 15JB of the Act? 2. When the matter was taken up today, the learned counsel for the assessee submitted that aforesaid substantial question of la .....

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