https://www.taxtmi.com/acts?id=19125 Book profit computation for affected companies is adjusted: add expenditures relatable to an assessee's share of AOP/BOI income exempt from tax and add expenditures relatable to capital gains on securities accruing to Foreign Institutional Investors; reduce book profit where such exempt AOP/BOI income or such FII securities capital gains are credited to the profit and loss account. Definitions of Foreign Institutional Investor and securities are adopted by statutory cross reference. The amendments apply prospectively from the specified fiscal year and relevant assessment years. en-us Sat, 28 Feb 2015 19:21:18 +0530 Mon, 02 Mar 2015 12:06:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19125 Book profit computation for affected companies is adjusted: add expenditures relatable to an assessee's share of AOP/BOI income exempt from tax and add expenditures relatable to capital gains on securities accruing to Foreign Institutional Investors; reduce book profit where such exempt AOP/BOI income or such FII securities capital gains are credited to the profit and loss account. Definitions of Foreign Institutional Investor and securities are adopted by statutory cross reference. The amendments apply prospectively from the specified fiscal year and relevant assessment years. Act-Rules Bill Sat, 28 Feb 2015 19:21:18 +0530 https://www.taxtmi.com/acts?id=19125