Held that the computation of income under section 115JB of the Act was automatic when the condition laid down in section 115JB were satisfied.. Order passed without giving a show cause notice is not violative of principle of natural justice (AY. 2009-10, 2010-11)
Karnataka State Beverages Corporation Ltd. v. ACIT (2022) 99 ITR 325 (Bang) (Trib)
S. 115JB : Book profit-Failure to issue notice-Computation is valid.