https://www.taxtmi.com/caselaws?id=431644 The High Court remanded the Tax Case Appeal back to the Tribunal for reconsideration in light of the retrospective amendment to Section 115JA of the Income Tax Act. The Tribunal was directed to issue a final decision within six months, taking into account the impact of the amendment on the treatment of provisions for bad and doubtful debts in computing book profits. No costs were awarded in this disposition. en-us Wed, 30 Nov 2022 00:00:00 +0530 Mon, 27 Feb 2023 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431644 The High Court remanded the Tax Case Appeal back to the Tribunal for reconsideration in light of the retrospective amendment to Section 115JA of the Income Tax Act. The Tribunal was directed to issue a final decision within six months, taking into account the impact of the amendment on the treatment of provisions for bad and doubtful debts in computing book profits. No costs were awarded in this disposition. Case-Laws Income Tax Wed, 30 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431644