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2008 (4) TMI 141 - HC - Income TaxBook Profit - AO contend that T.D.S. on dividend had wrongly been excluded while showing the income from dividend - Accounting Standard come w.e.f. 1.4.95 - Therefore, the said Accounting Standard cannot have any role to play in interpreting the provisions of the Act of the. F.Y. ended on 31.3.88 - in view of non-obstante clause of sec. 115J, reference can’t be taken to other provisions also - book profit u/s 115J is not required to be increased by T.D.S. – assessee’s appeal allowed
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