https://www.taxtmi.com/caselaws?id=326600 The High Court of Gujarat upheld the decision of the Income Tax Appellate Tribunal, dismissing the appeal by the appellant revenue challenging the computation of book profit under section 115JB for the assessment year 2007-08. The court relied on a previous judgment in a similar case where the issue was decided in favor of the assessee, emphasizing that the present appeal did not raise any new legal questions warranting interference. en-us Mon, 28 Mar 2016 00:00:00 +0530 Wed, 20 Apr 2016 09:51:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326600 The High Court of Gujarat upheld the decision of the Income Tax Appellate Tribunal, dismissing the appeal by the appellant revenue challenging the computation of book profit under section 115JB for the assessment year 2007-08. The court relied on a previous judgment in a similar case where the issue was decided in favor of the assessee, emphasizing that the present appeal did not raise any new legal questions warranting interference. Case-Laws Income Tax Mon, 28 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326600