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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

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

Case Laws     Income Tax

February 6, 2019

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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