Book Profit U/S 115 JB

Srikant , Last updated: 10 October 2009 Share Follow on Google News

Book Profit under Section 115 JB Book Profit = Net Profit + / - Few adjustments. Question: Can you tell me whether there is any restriction to compute net profit? No, because it depends upon various Accounting Policies which may vary from industry to industry. Income Tax Act never inte

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Srikant

CA,CS,CMA,LLb,M.Com

I am a Chartered Accountant, A Cost Management Accountant, A Company Secretary, Master of Commerce and a Law Graduate. For me everything we see has a scope of learning, it depends on how we perceive that learning is what important. Failures are fatal, but teaches us about ourselves. We realise who we are and how we ... Read more

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