https://www.taxtmi.com/acts?id=19596 Amendment to section 115JB prescribes additions and exclusions in adjusted book profit: add back expenditures relating to tax-exempt shares of AOP/BOI and certain foreign company incomes taxed at lower rates, treat notional gains/losses and actual gains/losses arising from exchange of special purpose vehicle shares for business trust units, and compute gain on unit transfer by reference to cost or carrying amount. It also requires inclusion of such amounts when credited to profit and loss and inserts a definition treating "securities" as per the Securities Contracts (Regulation) Act. en-us Thu, 07 May 2015 12:56:00 +0530 Mon, 08 May 2017 12:23:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19596 Amendment to section 115JB prescribes additions and exclusions in adjusted book profit: add back expenditures relating to tax-exempt shares of AOP/BOI and certain foreign company incomes taxed at lower rates, treat notional gains/losses and actual gains/losses arising from exchange of special purpose vehicle shares for business trust units, and compute gain on unit transfer by reference to cost or carrying amount. It also requires inclusion of such amounts when credited to profit and loss and inserts a definition treating "securities" as per the Securities Contracts (Regulation) Act. Act-Rules F. Acts / Amendment Acts Thu, 07 May 2015 12:56:00 +0530 https://www.taxtmi.com/acts?id=19596