Mat u/s 115jb

This query is : Open

CA. ALOK SHARMA (Querist)
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24 November 2011 Dear All,

I want to ask wheather interest on TDS paid by a company is to be added back while calculating book profits u/s 115JB

PLEASE provide section, case or notification reference if answer is yes.

Regards,

CA.ALOK SHARMA

CA RICHA BADALIA

CA RICHA BADALIA (Expert)
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24 November 2011 Income Tax includes interest charges under IT Act for the purpose of computing book profit .Therefore it should be added.

CA. ALOK SHARMA

CA. ALOK SHARMA (Querist)
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25 November 2011 Thanks Madam,

But i want to check it in IT Act. Because IT Act only talks about income tax and provisios thereof.

Where is this point written in act

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