Dismissing the appeal of the revenue the Court held that when disallowance made under section 14A were deleted by Tribunal, additions would not be made for disallowance made under section 14A to book profits . (AY. 2012-13)
PCIT v. CIMS Hospital (P.) Ltd. (2020) 193 DTR 275 / (2021) 318 CTR 349 (Guj)(HC)
S. 115JB : Book profit – Disallowance u/s 14A were deleted – No adjustment could be made while computing book profit [ S.14A , R.8D ]