https://www.taxtmi.com/caselaws?id=378926 The Appellate Tribunal remitted the issue of book profit computation under Section 115JB of the Income Tax Act back to the Assessing Officer for reconsideration, allowing the appeal for statistical purposes. The Tribunal emphasized the significance of considering revised computations submitted during assessment proceedings and held that the rejection based solely on not being filed with the original return was contrary to precedent. The Tribunal did not provide a detailed analysis of the interest computation issue, focusing primarily on the book profit computation issue. en-us Mon, 04 Feb 2019 00:00:00 +0530 Tue, 23 Apr 2019 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378926 The Appellate Tribunal remitted the issue of book profit computation under Section 115JB of the Income Tax Act back to the Assessing Officer for reconsideration, allowing the appeal for statistical purposes. The Tribunal emphasized the significance of considering revised computations submitted during assessment proceedings and held that the rejection based solely on not being filed with the original return was contrary to precedent. The Tribunal did not provide a detailed analysis of the interest computation issue, focusing primarily on the book profit computation issue. Case-Laws Income Tax Mon, 04 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378926