https://www.taxtmi.com/caselaws?id=769077 Tax Tribunal ruled on MAT computation under Section 115JB, addressing tax provision additions. The key finding was that only net tax expense (Rs. 49.20 crore) should be added to book profit, rejecting AO's approach of adding entire tax provision. The Tribunal eliminated double taxation by excluding earlier years' tax adjustments and deferred tax charges. The appeal was partially allowed, directing AO to amend computation accordingly. en-us Wed, 16 Apr 2025 00:00:00 +0530 Fri, 18 Apr 2025 08:38:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769077 Tax Tribunal ruled on MAT computation under Section 115JB, addressing tax provision additions. The key finding was that only net tax expense (Rs. 49.20 crore) should be added to book profit, rejecting AO's approach of adding entire tax provision. The Tribunal eliminated double taxation by excluding earlier years' tax adjustments and deferred tax charges. The appeal was partially allowed, directing AO to amend computation accordingly. Case-Laws Income Tax Wed, 16 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769077