Monday, February 24, 2020

Provision made for leave encashment on actuarial basis not to be added back while computing book profit under MAT

INCOME TAX : Where assessee made provision for leave encashment on actuarial basis, same being in nature of ascertained liability, could not be added back for purpose of determining 'book profit' under section 115JB

from www.taxmann.com Latest Case Laws https://ift.tt/2VklnAn
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