Enhancement by CITA) to book profit computation u/s.115JB - ...

Court Rules Enhancement to Book Profit Computation Invalid; Provisions Not Effective at Time of Assessment.

July 25, 2019

Case Laws Income Tax AT

Enhancement by CITA) to book profit computation u/s.115JB - provisions were sought to be added u/s 115JB only pursuant to an amendment by the FA 2008 w.e.f 01/04/2001 - Hence, on the date of passing of order u/s.143(3) on 31/01/2006, the ld. AO could not have added the same - what could not have been done by the ld. AO as per law prevailing at that time, the ld. CIT(A) could not do by exercising enhancement powers

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Enhancement by CITA) to book profit computation u/s.115JB - ...

Court Rules Enhancement to Book Profit Computation Invalid; Provisions Not Effective at Time of Assessment.

July 25, 2019

Case Laws Income Tax AT

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