SEABIRD MARINE SERVICES PRIVATE LIMITED,JAMNAGAR vs. ACIT, CIRCLE - 1, JAMNAGAR, JAMANGAR

In the result, ground No.4 raised by the assessee is allowed

1A), as\nincreased by-\nthe amount of income-tax paid or payable, and the provision therefor; or\n(a)\n(b)\nthe amounts carried to any reserves other than the reserves specified in section 80HHD or\nsub-section (1) of section 33AC, by whatever name called; or\n(c)\nthe amount or amounts set aside to provisions made for meeting