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2019 (11) TMI 1077 - AT - Income TaxRevision u/s 263 - entitled for deduction while computing book profit u/s 115JB being 60% of the proportionate profit relating to the activity of growing, manufacturing and selling of tea made from its own grown tea leaves - CIT(A)computing book profit by considering 60% of adjusted income instead of 60% of composite income - HELD THAT:- The common issue involved in these two appeals thus is squarely covered in favour of the assessee by the order of the Tribunal [2017 (2) TMI 1439 - ITAT KOLKATA] and respectfully following the same, we uphold the impugned orders of the Ld. CIT(A) allowing the claim of the assessee for deduction of 60% of adjusted income while computing the book profit u/s 115JB of the Act for both the years under consideration.
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