Capital Subsidy Excluded from Profit Appropriation in Income Calculation u/s 115JB of Income Tax Act.

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....MAT - amount of capital subsidy to the book profits while computing the income u/s 115JB is not an appropriation of profits and there is no such debit to the profit and loss account for the alleged appropriation and, therefore, the same cannot be added while computing the income u/s 115JB - AT....