https://www.taxtmi.com/caselaws?id=19566 Where business profits under the Business Profits Tax Act are computed by reference to profits already determined in income-tax proceedings, an addition earlier deleted in those proceedings need not be carried into the excess profits computation. The Tribunal relied on its prior deletion of the amount under the proviso to section 13 of the Indian Income-tax Act, 1922, and, as the assessment year and chargeable accounting period were the same and no contrary material was shown, it was justified in excluding the same amount from excess profits. en-us Wed, 25 Nov 1992 00:00:00 +0530 Sat, 07 Nov 2009 10:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19566 Where business profits under the Business Profits Tax Act are computed by reference to profits already determined in income-tax proceedings, an addition earlier deleted in those proceedings need not be carried into the excess profits computation. The Tribunal relied on its prior deletion of the amount under the proviso to section 13 of the Indian Income-tax Act, 1922, and, as the assessment year and chargeable accounting period were the same and no contrary material was shown, it was justified in excluding the same amount from excess profits. Case-Laws Income Tax Wed, 25 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19566