Form 29B
G.S. Arora (no) (98 Points)
09 December 2016G.S. Arora (no) (98 Points)
09 December 2016
A.Gopal
(Partner)
(63 Points)
Replied 03 January 2017
No. As per Sec. 115JB (4), it is mandatory only for Companies to which Sec. 115 JB is applicable, i.e., when the tax payable on total income of the company computed under the normal provisions of the Act is less than 18.5% of its “Book Profits”