https://www.taxtmi.com/caselaws?id=410932 The Tribunal partly allowed the appeal, directing the Assessing Officer to delete the disallowance related to garment shortages and uniform expenses but uphold the disallowance for notice pay. The Tribunal also instructed the AO to compute book profits in accordance with Explanation 2 of Section 115JB, excluding disallowances made under normal provisions. The charging of interest under Section 234B was upheld as no specific arguments were presented against it. en-us Wed, 11 Aug 2021 00:00:00 +0530 Thu, 12 Aug 2021 21:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410932 The Tribunal partly allowed the appeal, directing the Assessing Officer to delete the disallowance related to garment shortages and uniform expenses but uphold the disallowance for notice pay. The Tribunal also instructed the AO to compute book profits in accordance with Explanation 2 of Section 115JB, excluding disallowances made under normal provisions. The charging of interest under Section 234B was upheld as no specific arguments were presented against it. Case-Laws Income Tax Wed, 11 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410932