Adjustment made by Chartered Accountant in revised Form No.29B while computing revised Book Profits u/s.115JB is in order: CESTAT direct AO to grant deduction [Read Order]

Adjustment - Chartered Accountant - revised Form No.29B - Book Profits - CESTAT - AO - deduction - Taxscan

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Mumbai directed Assessing Officer to grant deduction adjustment made by CA in revised form No.29B while computing revised book profits u/s.115JB is in order. The issues in assessee’s, M/s. Sheth Developers Private Limited, appeal is as to whether the assessee is entitled for reduction of Rs.5,51,89,912/-…

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