Case Law Details
Case Name : Pricol Limited Vs DCIT (ITAT Chennai)
Appeal Number : ITA No. 642/Chny/2022
Date of Judgement/Order : 20/07/2023
Related Assessment Year : 2016-17
Courts :
All ITAT ITAT Chennai
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Pricol Limited Vs DCIT (ITAT Chennai)
ITAT Chennai held that as capital profit are to be excluded while computing book profit u/s 115JB, similarly, the adjustment of loss could also not be allowed u/s 115JB. Hence, loss on sale of investment could not be reduced from Book Profits
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
