Section 115JB disallows adding partnership loss to book profits; interest recalculated under sections 234C and 234D

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....The ITAT held that the addition of the assessee's share of loss from a partnership firm to book profits under section 115JB is not permissible, as such losses do not constitute expenditure relatable to exempt income under Explanation 1, clause (f), nor do they qualify for deduction under clause (ii). The tribunal rejected the AO's treatment of the loss as exempt income adjustment and found the CIT(A)'s concurrence erroneous. The decision reaffirmed that adjustments to book profits under section 115JB must strictly conform to the specified clauses in the Explanation, and share of loss cannot be added back unless explicitly covered. Consequently, the AO's addition was set aside. However, the levy of interest under sections 234C and 234D is consequential and mandatory; the AO is directed to recompute interest after giving effect to this order.....