Tax Authority's Error: Improper Book Profit Adjustments Violating Section 115JB Precedent by Reducing Fixed Asset Sale Profits.

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....MAT - Adjustments to Book Profit - CIT(A) failed to consider the binding precedent and allowed the adjustment beyond what is provided in Explanation to Section 115JB by reducing the profit on sale of fixed assets which was credited by the assessee company to its profit and loss account.....