I have one query whether disalloance under section 14A need to be added to book profit under section 115JB. if no please suggest some case law or any extract...
16 July 2011
it is to be added back read section 115JB (f) the amount or amounts of expenditure relatable to any income to which section 10 (other than the provisions contained in clause (38) thereof) or section 11 or section 12 apply; or