Co. not entitled to reduce book profit by loss which was subject matter of qualification by its auditors: ITAT

INCOME TAX : Assessee was not entitled to reduce book profit by capital loss debited to Pamp;L account which was subject matter of qualification by auditors as such capital loss was neither eligible for deduction under normal provisions nor under alternate provisions of taxationINCOME TAX : Assessee was not entitled to reduce book profit by capital loss debited to Pamp;L account which was subject matter of qualification by auditors as such capital loss was neither eligible for deduction under normal provisions nor under alternate provisions of taxationwww.taxmann.com Latest Case LawsRead More

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