https://www.taxtmi.com/highlights?id=59977 Computation of book profit u/s. 115JB of the Act by excluding prior period item - difference in net profit/loss taken by the assessee and the AO on account of provision for gratuity relating to earlier years as prior period item - There is no error in reasons given by the AO to compute book profit u/s. 115JB of the Act by taking net profit as per profit & loss account before considering deduction claimed for prior period item being provision for gratuity relating to earlier years. - AT en-us Wed, 06 Oct 2021 08:46:11 +0530 Wed, 06 Oct 2021 08:46:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59977 Computation of book profit u/s. 115JB of the Act by excluding prior period item - difference in net profit/loss taken by the assessee and the AO on account of provision for gratuity relating to earlier years as prior period item - There is no error in reasons given by the AO to compute book profit u/s. 115JB of the Act by taking net profit as per profit & loss account before considering deduction claimed for prior period item being provision for gratuity relating to earlier years. - AT Highlights Income Tax Wed, 06 Oct 2021 08:46:11 +0530 https://www.taxtmi.com/highlights?id=59977