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been assessed at book profit of Rs.35,96,518/- under section 115JB of the Act, and that in the normal computation of income ... submitted that in the present case, the tax levied under section 115JB of the Act is on the book profit. Even if any addition

exceeded the accumulated losses under clause (vii) of the Explanation to section 115JB of the Income Tax Act, 1961? (HARSHA DEVANI, J.) (G.R.UDHWANI

JUSTICE HARSHA DEVANI) 1. The appellant revenue in this appeal under section 260A of the Income Tax Act, 1961 has challenged the order dated 13.3.2015 passed ... provision of gratuity for the computation of book profit under section 115JB of Page 1 of 3 HC-NIC Page 1 of 3 Created