https://www.taxtmi.com/caselaws?id=427870 The Tribunal concluded that the addition of CSR expenditure to book profits was not justified. It held that the AO's action of increasing the book profits by INR 48,00,000 had no sanction of law, as none of the clauses in Section 115JB provided for such an adjustment. The Tribunal set aside the addition to book profits and allowed the appeal of the assessee. en-us Wed, 10 Aug 2022 00:00:00 +0530 Mon, 19 Sep 2022 09:34:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427870 The Tribunal concluded that the addition of CSR expenditure to book profits was not justified. It held that the AO's action of increasing the book profits by INR 48,00,000 had no sanction of law, as none of the clauses in Section 115JB provided for such an adjustment. The Tribunal set aside the addition to book profits and allowed the appeal of the assessee. Case-Laws Income Tax Wed, 10 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427870