https://www.taxtmi.com/acts?id=10553 Amendment expands the computation of book profit under section 115JA by expressly including amounts set aside as a provision for diminution in the value of any asset when such provision is debited to the profit and loss account, thereby altering the components that determine book profit for the purposes of the deeming rule in section 115JA. The amendment is retrospective to the first day of April, 1998 and applies to the 1998-99 assessment year and subsequent years. en-us Tue, 07 Jul 2009 16:02:12 +0530 Tue, 07 Jul 2009 16:02:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10553 Amendment expands the computation of book profit under section 115JA by expressly including amounts set aside as a provision for diminution in the value of any asset when such provision is debited to the profit and loss account, thereby altering the components that determine book profit for the purposes of the deeming rule in section 115JA. The amendment is retrospective to the first day of April, 1998 and applies to the 1998-99 assessment year and subsequent years. Act-Rules Bills Tue, 07 Jul 2009 16:02:12 +0530 https://www.taxtmi.com/acts?id=10553