Advance Against Depreciation (AAD) is not a reserve so section 115JB not applicable

RELEVANT PARAGRAPH 9. We quote herein below Explanation- ! to Section 115JB of the 1961 Act which reads as under: Explanation 1 – For the purposes of this section, “book profit” means the net profit as shown in the profit and loss account for the relevant previous year prepared under sub-section (2), as increased by~ (a) xxx (b) the amounts carried to any reserves, by whatever name called, other than a reserve specified under section 33AC; or xxx if any amount referred to in clauses (a) to (h) is debited to the profit and loss account, and as reduced by ̷...