https://www.taxtmi.com/caselaws?id=796888 Book profit under Section 115JB(2) may be adjusted only through the exhaustive additions and deductions specified in Explanation 1. A disallowance computed under Section 14A is not, by itself, a permitted addition to book profit. Similarly, expenditure disallowed under Section 35DD in relation to a demerger cannot be added back because Explanation 1 does not cover such disallowance. Minimum alternate tax computation therefore cannot be altered by importing disallowances outside the prescribed adjustments. en-us Wed, 05 Aug 2026 00:00:00 +0530 Wed, 12 Aug 2026 08:20:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796888 Book profit under Section 115JB(2) may be adjusted only through the exhaustive additions and deductions specified in Explanation 1. A disallowance computed under Section 14A is not, by itself, a permitted addition to book profit. Similarly, expenditure disallowed under Section 35DD in relation to a demerger cannot be added back because Explanation 1 does not cover such disallowance. Minimum alternate tax computation therefore cannot be altered by importing disallowances outside the prescribed adjustments. Case-Laws Income Tax Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796888