No reassessment just because addition made in respect of Govt. grants to be reflected in book profit u/s. 115JB

IT : Where, during original assessment, Assessing Officer, was of view that assessee had to offer for tax 15 per cent of government grant received by it being a Government incorporated Electricity company instead of 10 per cent as offered by assessee and accordingly made additions by 5 per cent to assessee's income, reopening of assessment after four years on grounds that said upward adjustment would also reflect in computation under section 115JB was unjustified

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