Income Tax


This query is : Resolved 

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

08 June 2007 yes, i think that will added back.

10 June 2007 yes

17 July 2012 yes it will be added back

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

19 June 2013 Ya need to added back

24 June 2013 Agree with GUL Sir



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