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Ask your queries or reply to others' queries => Discussion => Topic started by: rajul5234 on June 21, 2016, 03:19:24 PM
Title:
s. 115JB & s. 271(1)(c)
Post by:
rajul5234
on
June 21, 2016, 03:19:24 PM
M/s. Bilakhia Holdings. TA 132 / 2016. Dt. 9/6/16. Gujarat high court
Held, Though direct credit of gift to balance sheet held to reduce book profits u/s 115JB, penalty u/s 271(1)(c) deleted.
R K Patel
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