https://www.taxtmi.com/caselaws?id=423790 The Tribunal upheld the addition of Rs.30,82,223/- to the book profit for the assessment year 2013-14 under section 115JB of the Income Tax Act. The decision emphasized that income offered by the assessee, even if mistakenly omitted from the profit and loss statement, must be included in the book profit calculation to prevent gaining from errors and align with the legislative intent of section 115JB. The appeal challenging the addition was dismissed, affirming the tax authorities' decision. en-us Fri, 25 Feb 2022 00:00:00 +0530 Wed, 15 Jun 2022 12:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423790 The Tribunal upheld the addition of Rs.30,82,223/- to the book profit for the assessment year 2013-14 under section 115JB of the Income Tax Act. The decision emphasized that income offered by the assessee, even if mistakenly omitted from the profit and loss statement, must be included in the book profit calculation to prevent gaining from errors and align with the legislative intent of section 115JB. The appeal challenging the addition was dismissed, affirming the tax authorities' decision. Case-Laws Income Tax Fri, 25 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423790