INCOME TAX ACT, 1961

Section 115JB Section 14A

MAT - Computation of book profit - AO made addition of amount disallowed under section 14A read with rule 8D -

AO while computing book profit of assesse-company under section 115JB, made addition of amount disallowed under section 14A read with rule 8D.Held: Computation under clause (f) of Explanation 1 to section 115JB(2) had to be made without resorting to computation as contemplated under section 14A read with Rule 8D.

REFERRED :

FAVOUR : In assessee's favour.

A.Y. :

INCOME TAX ACT, 1961

Section 14A(2)

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