Karnataka State Beverages Corporation Ltd. v. ACIT (2022) 99 ITR 325 (Bang) (Trib)

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

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)