https://www.taxtmi.com/caselaws?id=246121 The case addressed the inclusion of preoperative interest expenses in computing book profit under Section 115JB of the Income Tax Act. The Tribunal ruled against including such expenses, citing precedents like Apollo Tyres Limited. Additionally, a separate case emphasized the limited jurisdiction of Assessing Officers in examining audited accounts prepared as per the Companies Act. The Court dismissed the appeal, emphasizing compliance with statutory requirements and restricting Assessing Officers' authority. en-us Thu, 28 Jun 2012 00:00:00 +0530 Thu, 17 Apr 2014 06:23:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246121 The case addressed the inclusion of preoperative interest expenses in computing book profit under Section 115JB of the Income Tax Act. The Tribunal ruled against including such expenses, citing precedents like Apollo Tyres Limited. Additionally, a separate case emphasized the limited jurisdiction of Assessing Officers in examining audited accounts prepared as per the Companies Act. The Court dismissed the appeal, emphasizing compliance with statutory requirements and restricting Assessing Officers' authority. Case-Laws Income Tax Thu, 28 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246121