https://www.taxtmi.com/caselaws?id=400000 The Appellate Tribunal dismissed the Revenue's appeal due to low tax effect and allowed the assessee's appeal challenging disallowance under section 40A(9) of the Income-tax Act, 1961. The Tribunal ruled in favor of the assessee regarding additions in the computation of Book Profits under section 115JB, partially allowing the appeal and rejecting certain grounds raised by the assessee. en-us Fri, 14 Aug 2020 00:00:00 +0530 Mon, 30 Nov 2020 16:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400000 The Appellate Tribunal dismissed the Revenue's appeal due to low tax effect and allowed the assessee's appeal challenging disallowance under section 40A(9) of the Income-tax Act, 1961. The Tribunal ruled in favor of the assessee regarding additions in the computation of Book Profits under section 115JB, partially allowing the appeal and rejecting certain grounds raised by the assessee. Case-Laws Income Tax Fri, 14 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400000