Home › Income-Tax Act › PCIT v. Atria Power Corporation Ltd(2022) 142 taxmann.com 412 (Karn.)(HC) Editorial: SLP of Revenue dismissed, PCIT v. Atria Power Corporation Ltd. [2022] 289 Taxman 111 (SC)

PCIT v. Atria Power Corporation Ltd(2022) 142 taxmann.com 412 (Karn.)(HC) Editorial: SLP of Revenue dismissed, PCIT v. Atria Power Corporation Ltd. [2022] 289 Taxman 111 (SC)

S. 115JB : Book profit-Disallowance made under section 14A could not be added for the purpose of computing book profits. [S. 14A]

Dismissing the appeal of the Revenue the Court held that disallowance made under section 14A could not be added  for purpose of computation of book profit. Followed  PCIT v. Atria Power Corpn. Ltd. (2022) 138 taxmann.com 270 (Karn.)(HC).  (AY. 2010-11)