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Income Tax - Highlights / Catch Notes

Home Highlights March 2014 Year 2014 This

Setoff of MAT Credit before interest liability - form prescribed ...

Case Laws     Income Tax

March 1, 2014

Setoff of MAT Credit before interest liability - form prescribed under the rules can never have any effect on the interpretation or operation of the parent statute – thus, Mat credit allowed to be set off from advance tax before calculating interest - HC

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