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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Relief on account of Computation of book profit by AO u/s ...


Assessing Officer Grants Relief on Book Profit Computation u/s 115JB(2)(vii) as Net Worth Exceeds Losses.

December 31, 2013

Case Laws     Income Tax     AT

Relief on account of Computation of book profit by AO u/s 115JB(2)(vii) - for the first time the net worth has exceeded the accumulated losses during the impugned assessment year - benefit allowed - AT

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