Addition towards provision for premium on redemption of ...

Premium on Debenture Redemption is an Ascertained Liability Not Added to Book Profit u/s 115JB.

May 22, 2021

Case Laws Income Tax AT

Addition towards provision for premium on redemption of debentures to book profit u/s 115JB - adjustments to book profit - provision created for premium payable on redemption of debentures is ascertained liability and hence, it cannot be added to book profit u/s 115JB of the Income Tax Act, 1961. - AT

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Addition towards provision for premium on redemption of ...

Premium on Debenture Redemption is an Ascertained Liability Not Added to Book Profit u/s 115JB.

May 22, 2021

Case Laws Income Tax AT

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