M/S BEST TRADING & AGENCIES LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the orders passed by the

Bench: ALOK ARADHE,H.T. NARENDRA PRASAD

115J(1), therefore, the submission of the assessee that Section 115JB is not applicable to the fact situation of the case cannot be accepted. It is further submitted that Section 115JA(4) and Section 115JB(5) deals with post determination of the profit under the Companies Act. It is further submitted that if the contention of the assessee that Section

M/S BEST TRADING & AGENCIES LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, the orders passed by the