Addition to the book profit u/s 115JB for the amount disallowed ...

Tribunal Upholds Addition to Book Profit for Disallowed Amounts u/s 14A, Affirms Partial Revenue Appeal Win.

March 19, 2024

Case Laws Income Tax AT

Addition to the book profit u/s 115JB for the amount disallowed u/s 14A r.w. Rule 8D - the tribunal noted that the AO had made the disallowance under Section 14A, but the assessee hadn't adjusted this amount while computing the book profit. The tribunal upheld the addition to the book profit, affirming the decision of the CIT(A) and partly allowing the Revenue's appeal on this ground.

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Addition to the book profit u/s 115JB for the amount disallowed ...

Tribunal Upholds Addition to Book Profit for Disallowed Amounts u/s 14A, Affirms Partial Revenue Appeal Win.

March 19, 2024

Case Laws Income Tax AT

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