Book Profit Calculation

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(Querist)
14 July 2011 Dear All,

Would u please tell me about Book Profit & how it is calculated?

Thanks & Regards
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
15 July 2011 Book profit for firm or for a company ?
Please specify the context or purpose also.

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shoeb parwaiz

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shoeb parwaiz (Querist)
15 July 2011 Sir,

Thanks for taking interest in my query. I mean to say Book Profit of a company.As far as purpose is concerned I wanna know about Section 115JB of Income Tax.

I would be grateful if you explain me from basic.

Regards
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