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Income Tax - Highlights / Catch Notes

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Adjustment to the book profits on section 115 JB on Addition ...

Income Tax

January 30, 2021

Adjustment to the book profits on section 115 JB on Addition made u/s 14A - the computation under clause (f) of explanation 1 to section 115 JB (2) of the Act has to be made without resorting to the computation as contemplated under section 14A of the Act read with Rule 8D of the Rules. - AT

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