Section 115JB Book Profits: Compute Independently from Section 14A and Rule 8D for Correct Tax Adjustments.

Adjustment to the book profits on section 115 JB on Addition made u/s 14A - the computation under clause (f) of explanation 1 to section 115 JB (2) of the Act has to be made without resorting to the computation as contemplated under section 14A of the Act read with Rule 8D of the Rules. - AT .....

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