Adjustment made on account of provision of wealth tax and ...

Assessing Officer Cannot Adjust Wealth Tax Disallowance in Book Profit Computation u/s 115JB.

February 6, 2019

Case Laws Income Tax AT

Adjustment made on account of provision of wealth tax and disallowance u/s 14A could not have been made by the AO while computing the book profit u/s 115JB, since such adjustments are not permitted under Explanation–1 to section 115JB.

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Adjustment made on account of provision of wealth tax and ...

Assessing Officer Cannot Adjust Wealth Tax Disallowance in Book Profit Computation u/s 115JB.

February 6, 2019

Case Laws Income Tax AT

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