https://www.taxtmi.com/caselaws?id=340747 The Tribunal condoned the delay in filing the Cross Objection (CO) and restored the matter of the applicability of Section 115JB to the Assessing Officer (AO) for fresh adjudication. The issue of adjustments in book profit as per Section 115JB was also sent back to the AO. The Tribunal upheld the CIT(A)'s decision to delete the addition made by the AO for TDS deposited after the stipulated time, as the amendment was deemed retrospective. The Revenue's appeal was partly allowed for statistical purposes, and the assessee's CO was allowed for statistical purposes. en-us Wed, 22 Mar 2017 00:00:00 +0530 Mon, 27 Mar 2017 07:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340747 The Tribunal condoned the delay in filing the Cross Objection (CO) and restored the matter of the applicability of Section 115JB to the Assessing Officer (AO) for fresh adjudication. The issue of adjustments in book profit as per Section 115JB was also sent back to the AO. The Tribunal upheld the CIT(A)'s decision to delete the addition made by the AO for TDS deposited after the stipulated time, as the amendment was deemed retrospective. The Revenue's appeal was partly allowed for statistical purposes, and the assessee's CO was allowed for statistical purposes. Case-Laws Income Tax Wed, 22 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340747