MAT - The principle of apportionment as provided u/s 14A cannot ...

Section 14A Apportionment Not Applicable for Book Profit Calculation u/s 115JB; AO Can Adjust per Explanation 1.

September 18, 2013

Case Laws Income Tax AT

MAT - The principle of apportionment as provided u/s 14A cannot be applied while computing the book profit u/s 115JB - However, the Assessing Officer had power and jurisdiction to make the adjustment as provided under Explanation 1 - AT

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MAT - The principle of apportionment as provided u/s 14A cannot ...

Section 14A Apportionment Not Applicable for Book Profit Calculation u/s 115JB; AO Can Adjust per Explanation 1.

September 18, 2013

Case Laws Income Tax AT

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