https://www.taxtmi.com/acts?id=8457 Amendment to section 115JB renumbers Explanation 1 and substitutes its clause to treat the amount of deferred tax and the provision therefor as an adjustment when debited to the profit and loss account, with retrospective effect. It also inserts Explanation 2 clarifying that the amount of income-tax for the cited clause includes tax on distributed profits or income, interest under the Act, surcharge, Education Cess, and Secondary and Higher Education Cess. en-us Fri, 29 Feb 2008 20:16:09 +0530 Sat, 03 May 2008 10:11:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8457 Amendment to section 115JB renumbers Explanation 1 and substitutes its clause to treat the amount of deferred tax and the provision therefor as an adjustment when debited to the profit and loss account, with retrospective effect. It also inserts Explanation 2 clarifying that the amount of income-tax for the cited clause includes tax on distributed profits or income, interest under the Act, surcharge, Education Cess, and Secondary and Higher Education Cess. Act-Rules Bills Fri, 29 Feb 2008 20:16:09 +0530 https://www.taxtmi.com/acts?id=8457