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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Allowability of loss on demerger in the computation of book ...

Case Laws     Income Tax

May 25, 2016

Allowability of loss on demerger in the computation of book profit u/s 115JB - MAT - the observation of the AO that such loss could not be debited to the profit and loss account and ought to have been adjusted against the reserve of the assessee company is not Correct - AT

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