The Central Board of Direct Taxes (CBDT), in Circular No. 13 / 2001 dated November 9, 2001, have observed that section 115JB is a self-contained code, and referring to section 115JB(5), have observed that except for substitution of tax payable under the provision and the manner of computation of book profits, all the provisions of the tax including the provision relating to charge, definitions, recoveries, payment, assessment, etc, would apply in respect of the provisions of section 115JB. – Reference :http://www.financialexpress.com
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