https://www.taxtmi.com/caselaws?id=260102 The Tribunal partially allowed the appeal, directing the Assessing Officer to delete the addition of Rs. 33,91,715 to the book profit under section 115JB of the Income Tax Act. The Tribunal relied on precedents and reasoning discussed in the judgment, referencing a similar case decided by the ITAT in the appellant's favor for the A.Y. 2006-07. The Tribunal upheld the addition of Rs. 35,99,516 for the reversal of provision of income tax to the book profit under section 115JB of the Act, as the appellant failed to substantiate their claim with records or documents. en-us Mon, 30 Mar 2015 00:00:00 +0530 Mon, 25 May 2015 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260102 The Tribunal partially allowed the appeal, directing the Assessing Officer to delete the addition of Rs. 33,91,715 to the book profit under section 115JB of the Income Tax Act. The Tribunal relied on precedents and reasoning discussed in the judgment, referencing a similar case decided by the ITAT in the appellant's favor for the A.Y. 2006-07. The Tribunal upheld the addition of Rs. 35,99,516 for the reversal of provision of income tax to the book profit under section 115JB of the Act, as the appellant failed to substantiate their claim with records or documents. Case-Laws Income Tax Mon, 30 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260102