Question raised by the revenue is “ whether on the facts and in the circumstances of the case and in law , the Tribunal was justified in holding that provisions of Section 115JB of the Act are not applicable to a Baking Company?”. Appeal of the revenue is admitted .(AY. 2005-06)
PCIT v. Bank of Maharashtra (2018) 258 Taxman 205/98 taxmann.com.581 /(2019) 410 ITR 413 (Bom)(HC)Editorial: SLP of revenue is allowed PCIT v. Bank of Maharashtra (2018) 258 Taxman 204 / 406 ITR 32 ( St) (SC)
S.115JB: Book profit-Whether the provision of S.115JB is applicable to Banking Company is substantial question of law-Appeal of the revenue is admitted [ S.260A ]