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Assessing Officer Cannot Adjust Wealth Tax Disallowance in Book Profit Computation u/s 115JB.
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....Adjustment made on account of provision of wealth tax and disallowance u/s 14A could not have been made by the AO while computing the book profit u/s 115JB, since such adjustments are not permitted under Explanation–1 to section 115JB.....
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