Tribunal held that the Assessing Officer could not tinker with the book profits, in cases where the additional revenue was not shown by the assessee in the books of account. Followed Apollo Tyres Ltd v. CIT [(2002) 255 ITR 273 (SC) ( AY.2009-10)
Dy. CIT v .Yahoo Software Development P. Ltd. (2020) 80 ITR 528 ( Bang) (Trib)
S.115JB: Book profits —Additional revenue in its books — Assessing Officer cannot tinker with book profit.