how to calculate 'Profits from specified business' u/s 36(1)(viii)

[spsridhara]

Can anyone give information on the subject or any case reference...since the 'Profits from specified business' u/s 36(1)(viii)' is not defined in the section of the Income tax act

[Vinay Surana]

http://220.227.161.86/26888cajournal_june2012-19.pdf

I hope this may be helpfull for your reading and understanding

[spsridhara]

the article in CA journal discusses other than the query ...

[balas]

Hello Mr. Sridhara,

Not sure if you are referring the correct Section No.

Pls. refer to Sec 35AD, not sure if this helps your case.

Rgds
Bala