S. 115JB : Book profit-Bad and doubtful debts-Required to be added back.

S. 115JB : Book profit-Shipping company-Profits derived by tonnage tax is excluded from book profits.[S. 115VO]

S. 115JB : Book profit-Sick Industrial Company-Net worth of assessee-company turning positive in assessment year in question Not eligible for exclusion of profits from chargeability of book profits tax-Even though time-frame of rehabilitation scheme not completed [S. 115JB, Exppln.1(vii), Sick Industrial Companies (Special Provisions) Act, 1985, S. 3(1)(o)]

S. 115JB : Book profit-Failure to issue notice-Computation is valid.

S. 115JB : Book profit-Adjustment of disallowance cannot be made while computing book profits. [S. 14A, R,8D]

S. 115JB : Book profit-Provision for gratuity relating to earlier years-Adjustment is not justified-Order of Assessing Officer affirmed. [S. 143(3)]

S. 115JB : Book profit-Fringe benefit tax-Allowable as deduction. [S. 40(a)(ic)]

S. 115JB : Book profit-Adjustment of disallowance under S.. 14A cannot be made while computing book profits.

S. 115JB : Book profit-Gross income and total income Nil-Not paying dividend-Provision is not applicable.

S. 115JAA : Book profit-Deemed income-Tax credit-Matter remanded for verification.