For s. 115JA/JB s. 80HHC deduction to be computed as per normal provisions & not on P&L profits

CIT Vs. Pack worth Udyog (Kerala High Court– Full Bench)

JUDGMENT

Ramachandran Nair, J.

In these appeals filed by the revenue, the only question raised is whether the assessees are entitled to deduction under Section 80HHC in the computation of book profit under Section 11 5JB of the Income Tax Act. Even though in respect of one assessee, the provision involved is Section 11 5JA, there is no need to consider the issue separately because applicability o

Please become a Premium member. If you are already a Premium member, login here to access the full content.