https://www.taxtmi.com/highlights?id=44115 Revision u/s 263 - revision of return waiver of interest on loan availed from Government of India - period of limitation for filing revised return - The book profit as per the revised computation was negative - Hence, there was no tax payable even under Section 115JB for the said year. - Decided in favor of assessee. en-us Fri, 25 Jan 2019 11:36:10 +0530 Fri, 25 Jan 2019 11:36:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=44115 Revision u/s 263 - revision of return waiver of interest on loan availed from Government of India - period of limitation for filing revised return - The book profit as per the revised computation was negative - Hence, there was no tax payable even under Section 115JB for the said year. - Decided in favor of assessee. Highlights Income Tax Fri, 25 Jan 2019 11:36:10 +0530 https://www.taxtmi.com/highlights?id=44115