INCOME TAX ACT, 1961

Section 14A Section 115JB

MAT - Computation of book profit - AO made addition of amount disallowed under section 14A -

AO while computing book profit of assessee-company under section 115JB, made addition of amount disallowed under section 14A. Held: Disallowance made under section 14A could not be added while computing book profit under section 115JB.

Followed:Asstt. CIT v. Vireet Investments Pvt. Ltd. (2017) 165 ITD 27 (Del-Trib) : 2017 TaxPub(DT) 1760 (Del-Trib).

REFERRED :

FAVOUR : In assessee's favour.

A.Y. : 2009-10

INCOME TAX ACT, 1961

Setion 4

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