https://www.taxtmi.com/caselaws?id=238931 The ITAT upheld the CIT (Appeals) order for the assessment year 2007-08, directing not to charge tax u/s 115JB on book profit and allowing rebate u/s 88E for STT paid by the assessee. The ITAT emphasized that the rebate should be granted from the income tax chargeable on total income without differentiation between regular provisions and section 115JB, citing previous decisions. The appeal by the revenue was dismissed, affirming the direction of the CIT (A) and granting the rebate under section 88E. en-us Fri, 23 Dec 2011 00:00:00 +0530 Mon, 18 Apr 2016 16:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238931 The ITAT upheld the CIT (Appeals) order for the assessment year 2007-08, directing not to charge tax u/s 115JB on book profit and allowing rebate u/s 88E for STT paid by the assessee. The ITAT emphasized that the rebate should be granted from the income tax chargeable on total income without differentiation between regular provisions and section 115JB, citing previous decisions. The appeal by the revenue was dismissed, affirming the direction of the CIT (A) and granting the rebate under section 88E. Case-Laws Income Tax Fri, 23 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238931