Taxpayer Wins: Redemption of Preference Shares Excluded from Book Profits u/s 115JB, CIT(A) Decision Upheld.

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....Disallowance of redemption on account of provisions made for redemption of preference shares while computing the books profit u/s 115JB - Since the issue is fully covered in favour of the assessee in his own case - the CIT(A) is quite justifiable which is not liable to be interfere with at this appellate stage - AT....