{"id":5114,"date":"2019-04-22T11:13:10","date_gmt":"2019-04-22T11:13:10","guid":{"rendered":"http:\/\/itatonline.org\/digest\/cholamandalam-ms-general-insurance-company-ltd-v-acit-2018-170-dtr-22-195-ttj-166-chennaitrib-4\/"},"modified":"2019-04-22T11:13:10","modified_gmt":"2019-04-22T11:13:10","slug":"cholamandalam-ms-general-insurance-company-ltd-v-acit-2018-170-dtr-22-195-ttj-166-chennaitrib-4","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/cholamandalam-ms-general-insurance-company-ltd-v-acit-2018-170-dtr-22-195-ttj-166-chennaitrib-4\/","title":{"rendered":"Cholamandalam Ms General Insurance Company Ltd. v. ACIT, (2018) 170 DTR 22 \/ 195 TTJ 166 (Chennai)(Trib.)"},"content":{"rendered":"<p>AO made addition\u00a0while computing book profit\u00a0u\/s 115JB.On appeal, CIT(A) upheld decision. Tribunal held that applicability of provisions of Schedule VI of Companies Act was excluded in respect of insurance companies .Accordingly provisions of S.115JB,\u00a0which enables companies to compute book profit,\u00a0was\u00a0not applicable to insurance companies. (AY. 2003 -04 to 2007 -08)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 115JB : Book profit-Insurance Companies-Provision is not applicable.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5114","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-1ku","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=5114"}],"version-history":[{"count":0,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/5114\/revisions"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=5114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=5114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=5114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}