Book Profit u/s 115JB

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Respected all,

There are different opinions on consideration of FBT and Deferred Tax while calculating Book Profit u/s 115JB.
Whether adding back of FBT and Deferred Tax is justified for the purpose of sec. 115JB?
Are there any case laws supporting the same?

Thanks in advance.

Replies (2)

The FBT and Deferred Tax should be added back while calculating the Book Profit u/s 115JB.

 

Regards,

Devendra Kulkarni

I do also have a similar opinion, but I want to know whether there are any Statutory provisions and/or Case laws supporting the same.

If you have any, then please reply.


CCI Pro

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