https://www.taxtmi.com/caselaws?id=178596 The Tribunal partly allowed the assessee's appeal, setting aside the Commissioner of Income-tax (Appeals)'s order and remitting the matter to the Assessing Officer for reconsideration of the computation of book profit for MAT purposes. The Tribunal emphasized the correct application of principles under section 115JB and the Companies Act, directing the Assessing Officer to align with these principles and provide the assessee with a fair opportunity to present their case. en-us Tue, 31 Jan 2012 00:00:00 +0530 Tue, 09 Feb 2016 12:14:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178596 The Tribunal partly allowed the assessee's appeal, setting aside the Commissioner of Income-tax (Appeals)'s order and remitting the matter to the Assessing Officer for reconsideration of the computation of book profit for MAT purposes. The Tribunal emphasized the correct application of principles under section 115JB and the Companies Act, directing the Assessing Officer to align with these principles and provide the assessee with a fair opportunity to present their case. Case-Laws Income Tax Tue, 31 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178596