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2016 (2) TMI 1085 - ITAT CHENNAIDisallowance u/s.14A r.w.r.8D while computing book profit u/s.115JB - MAT computation - Held that:- Invoking provisions of the section 14A r.w.r.8D of the Rules was already adjudicated by us in assessee’s appeal [2015 (8) TMI 1037 - ITAT CHENNAI] and disallowed made u/s.14A r.w.r.8D cannot be added while computing book profit u/s.115JB of the Act that the disallowance is only disallowance for the purpose of computing the taxable income in the normal course. There is no provision in the Act to add this kind of disallowances while computing the book profit u/s.115JB of the Act and it cannot change the book profit on this count. Therefore, even if there is an addition in view of provision u/s.14A r.w.r.8D, that cannot be added back to compute the book profit u/s.115JB of the Act. Accordingly, this ground of the assessee to be considered as allowed.
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