MAT - When a part of the said provision is reversed in the ...

Reversed provisions credited to profit and loss should not add to book profits u/s 115JB to avoid double taxation.

April 28, 2017

Case Laws Income Tax AT

MAT - When a part of the said provision is reversed in the subsequent year and credited to the profit and loss account, that should not go to add to the book profits u/s 115JB of the Act. If it is so done, then the assessee would be unwarrantedly be invited with double taxation u/s 115JB - AT

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MAT - When a part of the said provision is reversed in the ...

Reversed provisions credited to profit and loss should not add to book profits u/s 115JB to avoid double taxation.

April 28, 2017

Case Laws Income Tax AT

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