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2017 (8) TMI 132 - HC - Income TaxMAT computation - Unascertained liabilities covered by Explanation (c ) of Section 115JB - added back for computation of book profit of the assessee - Held that:- As decided in Deputy Commissioner of Income-tax, Circle 1(2), Baroda Versus Inox Leisure Ltd. [2013 (2) TMI 353 - GUJARAT HIGH COURT] wherein held no hesitation in upholding the Tribunals view that though actual payment of gratuity may be made at a later point of time upon periodical release of the employees from service, it is provision having been made on actuarial basis it cannot be stated to be an uncertained liability so as to add it back in terms of Clause (c) to Explanation 1 to Section 115JB.
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