Begin typing your search above and press return to search.
Intimation u/s 143(1) Neither contain Adjustment, Nor Demand nor Reduction of Refund regarding Exclusion of MEIS Licence from Book Profits u/s 115JB: ITAT directs Denovo Adjudication
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has directed Denovo adjudication as the intimation under Section 143(1) of the Income Tax Act...
![Loss on sale of Investment could not be reduced from Book Profits u/s 115JB for Capital Profits which do not have component of Income are to be excluded while computing book profits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Loss-on-sale-of-Investment-Investment-sale-of-Investment-Book-Profits-Capital-Profits-computing-book-profits-ITAT-Taxscan.jpg "Loss on sale of Investment could not be reduced from Book Profits u/s 115JB for Capital Profits which do not have component of Income are to be excluded while computing book profits: ITAT [Read Order]")
![A Provision made as per Accounting Standards of ICAI Excludable from Book Profits: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Accounting-Professionals-Taxscan.jpg "A Provision made as per Accounting Standards of ICAI Excludable from Book Profits: ITAT [Read Order]")
![Expenditure incurred to earn exempt Income computed u/s 14A can’t be added while computing Book Profit: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/ITAT-Taxscan.jpg "Expenditure incurred to earn exempt Income computed u/s 14A can’t be added while computing Book Profit: ITAT [Read Order]")
![Govt Notifies New Form- 29B for Computing Book Profits of the Company under MAT Provisions [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/06/Overseas-Online-Information.jpg "Govt Notifies New Form- 29B for Computing Book Profits of the Company under MAT Provisions [Read Notification]")