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2019 (8) TMI 1114 - AT - Income TaxBook profit adjustment u/s. 115JB - difference in depreciation - exclusion of amount credited in P/L account under the head “Earlier years adjustment- Difference in depreciation provision" while determining book profit - HELD THAT:- Identical issue considered in the case of ACIT Vs. Srinivas Synthetics Packers (P) Ltd. [2008 (9) TMI 446 - ITAT AGRA] . The ITAT after careful analyzing found that the entire amount written back can be claimed as a reduction under the proviso to clause (i) of Explanation (1). No contrary decision has been shown. Hence we affirm the order of learned CIT(A). - Decided against revenue
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