https://www.taxtmi.com/highlights?id=33221 MAT - Book adjustment u/s 115JB - marked–to–market loss on stock in trade cannot be considered as unascertained liability Explanation 1(c) to section 115JB makes it clear that only unascertained liability can be considered for computation of book profit - AT en-us Thu, 09 Feb 2017 13:10:30 +0530 Thu, 09 Feb 2017 13:10:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=33221 MAT - Book adjustment u/s 115JB - marked–to–market loss on stock in trade cannot be considered as unascertained liability Explanation 1(c) to section 115JB makes it clear that only unascertained liability can be considered for computation of book profit - AT Highlights Income Tax Thu, 09 Feb 2017 13:10:30 +0530 https://www.taxtmi.com/highlights?id=33221