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

Applied:Asstt. CIT v. Vireet Investment (P) Ltd. (2017) 165 ITD 27 (Del-Trib) : 2017 TaxPub(DT0 1760 (Del-Trib)

REFERRED :

FAVOUR : In assessee's favour.

A.Y. : 2013-2014

INCOME TAX ACT, 1961

Section 50D

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