2019 (1) TMI 761 - SCH - Income Tax

MAT - benefit of tax credit to the assessee of the surcharge and education cess paid to the assessee whose income for the purpose of tax is computed in terms of section 115JB - Held that - Special Leave Petition is dismissed on the ground of low tax effect, leaving the question of law open.

Summary

The Supreme Court dismissed the Special Leave Petition due to low tax effect, condoning the delay and leaving the question of law open. Pending applications were disposed of. (2019 (1) TMI 761 - SC Order)