INCOME TAX : Where assessee had not reported income received by it from a company in its Pamp;L account, and, hence, it could not be said that its books of account were prepared in accordance with Part II and II of Schedule – VI to Companies Act, Assessing Officer was justified to re-compute book profit under section 115JB of assessee by making addition towards said income not reported in books of account of assesseeINCOME TAX : Where assessee had not reported income received by it from a company in its Pamp;L account, and, hence, it could not be said that its books of account were prepared in accordance with Part II and II of Schedule – VI to Companies Act, Assessing Officer was justified to re-compute book profit under section 115JB of assessee by making addition towards said income not reported in books of account of assesseewww.taxmann.com Latest Case LawsRead More
