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2019 (1) TMI 1584 - CALCUTTA HIGH COURTAdmission of appeal - Whether the long term capital gain credited to the profit and loss account and included in the computation of the book profit under section 115JB can be added a second time to such book profit? - whether section 115JB authorised the assessing officer to add back to the book profit the sum written off as irrecoverable by the debit of the profit and loss account? - HELD THAT:- There is no point in admitting the appeal on these questions for the reason that there is absence of finding by the tribunal and if the High Court discharges the functions of the tribunal, the parties would lose one forum. In those circumstances, the entire matter as discussed above is remanded back to the tribunal by setting aside its impugned order dated 3rd August 2018 and to make a fresh determination in accordance with law by a reasoned order upon hearing the parties.
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