Tribunal held that disallowance made under section 14A cannot be considered while computing book profit under clause (f) of Explanation 1 to section 115JB. (AY. 2014-15)
DCIT v. Century Plyboards (I) Ltd. (2021) 187 ITD 35 (SN) 209 TTJ 273/ 203 DTR 229 (Kol.) (Trib.)
S. 115JB : Book profit-Disallowance made under section 14A cannot be considered while computing book profit under clause (f) of Explanation 1 to section 115JB. [S.14A]