https://www.taxtmi.com/caselaws?id=416478 The Tribunal allowed the Assessee's appeal, setting aside the Commissioner's order to add a disallowance under section 115JB of the Income Tax Act. The Tribunal held that disallowances under section 14A should not be added while calculating book profit, citing legal precedents and deeming the issue debatable and not subject to rectification under section 154. en-us Mon, 20 Dec 2021 00:00:00 +0530 Thu, 30 Dec 2021 08:32:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416478 The Tribunal allowed the Assessee's appeal, setting aside the Commissioner's order to add a disallowance under section 115JB of the Income Tax Act. The Tribunal held that disallowances under section 14A should not be added while calculating book profit, citing legal precedents and deeming the issue debatable and not subject to rectification under section 154. Case-Laws Income Tax Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416478