https://www.taxtmi.com/caselaws?id=281618 The Tribunal dismissed the appeals for AY 2011-12 and AY 2012-13, upholding the CIT(A)'s decisions on all grounds. The Tribunal found that the CIT(A) correctly applied relevant accounting standards and legal precedents in deleting the additions and adjustments made by the AO, including provisions for inventory written off, employee contributions, unrealized foreign exchange loss, and adjustments under section 115JB for computing book profit. en-us Thu, 26 Apr 2018 00:00:00 +0530 Fri, 28 Jun 2019 10:25:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281618 The Tribunal dismissed the appeals for AY 2011-12 and AY 2012-13, upholding the CIT(A)'s decisions on all grounds. The Tribunal found that the CIT(A) correctly applied relevant accounting standards and legal precedents in deleting the additions and adjustments made by the AO, including provisions for inventory written off, employee contributions, unrealized foreign exchange loss, and adjustments under section 115JB for computing book profit. Case-Laws Income Tax Thu, 26 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281618