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Deffered Tax Credit & Book Profit u/s Section 115JB

This query is : Resolved 

14 November 2007 Recently ITAT-Jaipur has given a judgement in the case of Maharaja Umed Mills that Deferred Tax Provision should not be added while computing Book Profit u/s 115JB for the purpose of MAT. Whether ITAT is right in holding that decesion?

Please provide your comments and advice.

14 November 2007 i

14 November 2007 Yes they are right


14 November 2007 Yes.



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