Held that the Tribunal was justified in deleting the additions made on account of book profit under section 115JB. The order of the Tribunal deleting the additions made to the book profit did not suffer from infirmity or error and, was, therefore upheld.(AY. 2006-07)
PCIT v. Tata Power Delhi Distribution Ltd. (2025) 476 ITR 639 /171 taxmann.com 59 (Delhi)(HC)
S. 115JB : Company-Book profit-Provision for bad and doubtful debts-Electricity company-Tribunal deleting additions made to enhance book profit justified.[S. 260A, Companies Act, 1956, S. 210, 211., Electricity Act, 2003, Electricity (Supply) Act, 1948.]
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