High Court held that the Assessing Officer was to decide the applicability of the amendment to section115JA by the Finance (No. 2) Act, 2009 with retrospective effect from April 1, 1998. Matter remanded. (AY. 1998-99)
Chettinad Cement Corporation Ltd v. DCIT (2019) 410 ITR 224 (Mad.)(HC)
S. 115JA : Book profit- Company—Provision for bad debts— Amended provision By Finance (No. 2) Act, 2009 with retrospective effect from 1-4-1998 — Matter Remanded to Assessing Officer to decide applicability of the provision.