Computation of book profit.

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....sp;        A+B-(C+D)            Where            A= the net profit, as shown in the profit and loss account for the financial year prepared in accordance with the provisions of section 105;            B = the aggregate of the following amounts, if debited to the profit and loss account:             (a) the amount of any tax paid or payable under this Code, and the provision therefor;             (b) the amount carried to any reserves, b....

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....d to in clause (a);             (c) the amount withdrawn from any reserve or provision if any such amount is credited to the profit and loss account and such amount has been taken into account for computation of the book profit of any preceding financial year;             (d) the amount of profits of a sick industrial company for any financial year comprised in the period commencing from the financial year in which the said company has become a sick industrial company under sub-section (1) of section 17 of the Sick Industrial Companies (Special Provisions) Act, 1985 and ending with the financial year during which the entire ne....