https://www.taxtmi.com/highlights?id=31343 When the assessee had determined the realizable value of stock, the difference, has to be written off from the books. For the purpose of section 115JB, the book profit will be ascertained after making certain adjustments to the profit declared in the profit & loss. - AT en-us Thu, 22 Sep 2016 13:07:00 +0530 Thu, 22 Sep 2016 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=31343 When the assessee had determined the realizable value of stock, the difference, has to be written off from the books. For the purpose of section 115JB, the book profit will be ascertained after making certain adjustments to the profit declared in the profit & loss. - AT Highlights Income Tax Thu, 22 Sep 2016 13:07:00 +0530 https://www.taxtmi.com/highlights?id=31343