Income Tax


(Querist)
14 May 2007

For the purpose of calculating Book Profits u/s 115 JB will the amount transferred from the Securities Premium Account to the profit and loss account be added back to the Net Profit?

Regards

N.Muralidharan Menon


Sanjeev Mittal (Expert)
08 June 2007
yes, i think that will added back.

PR Choudahry (Expert)
10 June 2007
yes

CA BHARATH KUMAR (Expert)
17 July 2012
yes it will be added back

CMA Gul S (Expert)
07 June 2013
It needs to be added back

CS RAJESH C.CHOUDHARY (Expert)
19 June 2013
Ya need to added back

CS RAJESH C.CHOUDHARY (Expert)
24 June 2013
Agree with GUL Sir



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