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Section 115JB: Obligation to Meet Liability Affects Book Profit, Not Considered Contingent if Consequential Effect Needs Determination.

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....Computation of Book Profit for the purpose of 115JB - where an obligation was undertaken to meet a liability and only consequential effect was to be determined, it could not be said that the amount in question was in a nature of contingent liability.....

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Section 115JB: Obligation to Meet Liability Affects Book Profit, Not Considered Contingent if Consequential Effect Needs Determination.