2019 (9) TMI 452

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...., The Court: This intended appeal under Section 260A of the Income Tax Act, 1961 is admitted on the following substantial questions of law:- (i) Whether on the facts and in the circumstances of the case the amount created for unexpired risk is a reserve under Explanation 1(b) of Section 115JB of the Income Tax Act, 1961 and is a part of the book profit for the purpose of determining the Min....