MAT - Addition of the provision for Wealth Tax - Book Profit - ...

Wealth tax excluded from book profit calculation for assessee company u/s 115JB; A.O. can't add it.

December 31, 2019

Case Laws Income Tax AT

MAT - Addition of the provision for Wealth Tax - Book Profit - there was no such provision for making the addition with regard to wealth tax, therefore, the A.O could not have added the same for computing the ‘book profit’ of the assessee company under Sec.115JB of the Act.

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MAT - Addition of the provision for Wealth Tax - Book Profit - ...

Wealth tax excluded from book profit calculation for assessee company u/s 115JB; A.O. can't add it.

December 31, 2019

Case Laws Income Tax AT

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