https://www.taxtmi.com/caselaws?id=188640 The Tribunal ruled in favor of the assessee, emphasizing that the disputed deduction was not covered by prescribed adjustments under s. 115JA and could not be a basis for prima facie adjustments under s. 143(1)(a) of the IT Act. The decision highlighted the debatable nature of the deduction and its exclusion from the computation of book profits, ultimately leading to the allowance of the appeal. en-us Wed, 02 Sep 1998 00:00:00 +0530 Sat, 10 Dec 2016 11:02:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188640 The Tribunal ruled in favor of the assessee, emphasizing that the disputed deduction was not covered by prescribed adjustments under s. 115JA and could not be a basis for prima facie adjustments under s. 143(1)(a) of the IT Act. The decision highlighted the debatable nature of the deduction and its exclusion from the computation of book profits, ultimately leading to the allowance of the appeal. Case-Laws Income Tax Wed, 02 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188640