Computation of Book Profit for the purpose of 115JB - where an ...

Section 115JB: Obligation to Meet Liability Affects Book Profit, Not Considered Contingent if Consequential Effect Needs Determination.

November 13, 2019

Case Laws Income Tax HC

Computation of Book Profit for the purpose of 115JB - where an obligation was undertaken to meet a liability and only consequential effect was to be determined, it could not be said that the amount in question was in a nature of contingent liability.

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Computation of Book Profit for the purpose of 115JB - where an ...

Section 115JB: Obligation to Meet Liability Affects Book Profit, Not Considered Contingent if Consequential Effect Needs Determination.

November 13, 2019

Case Laws Income Tax HC

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