Section 115JB: Authorities Can Evaluate Claims Excluded from Original Tax Returns When Calculating Book Profit.

Section 115JB: Authorities Can Evaluate Claims Excluded from Original Tax Returns When Calculating Book Profit. https://www.taxtmi.com/highlights?id=27286 MAT - computation of income u/s 115JB - unabsorbed depreciation and book loss furnished by the assessee for computation of Book Profit u/s 115JB - adjudicating authorities can always consider and decide on merits, any claim which the taxpayer has raised before the AO during assessment proceedings although the same is not claimed by the taxpayer vide Return of income filed with the Revenue - AT en-us Thu, 11 Feb 2016 01:22:23 +0530 Thu, 11 Feb 2016 01:22:23 +0530 TaxTMI RSS Generator Section 115JB: Authorities Can Evaluate Claims Excluded from Original Tax Returns When Calculating Book Profit. https://www.taxtmi.com/highlights?id=27286 MAT - computation of income u/s 115JB - unabsorbed depreciation and book loss furnished by the assessee for computation of Book Profit u/s 115JB - adjudicating authorities can always consider and decide on merits, any claim which the taxpayer has raised before the AO during assessment proceedings although the same is not claimed by the taxpayer vide Return of income filed with the Revenue - AT Highlights Income Tax Thu, 11 Feb 2016 01:22:23 +0530 https://www.taxtmi.com/highlights?id=27286