https://www.taxtmi.com/caselaws?id=253401 The Tribunal allowed the assessee's appeal, setting aside the CIT's revision order under section 263. It affirmed the AO's computation of book profit under section 115JB, stating that the AO's order was not erroneous or prejudicial to revenue interests. The Tribunal held that the AO had appropriately examined and computed the book profit in accordance with statutory provisions, citing relevant case law to support its decision. en-us Fri, 18 Jul 2014 00:00:00 +0530 Mon, 24 Nov 2014 06:26:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253401 The Tribunal allowed the assessee's appeal, setting aside the CIT's revision order under section 263. It affirmed the AO's computation of book profit under section 115JB, stating that the AO's order was not erroneous or prejudicial to revenue interests. The Tribunal held that the AO had appropriately examined and computed the book profit in accordance with statutory provisions, citing relevant case law to support its decision. Case-Laws Income Tax Fri, 18 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253401