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Income Tax - Highlights / Catch Notes

Home Highlights June 2014 Year 2014 This

Levy of Surcharge and education cess - MAT credit u/s 115JJA - ...

Case Laws     Income Tax

June 9, 2014

Levy of Surcharge and education cess - MAT credit u/s 115JJA - MAT credit should first be reduced from the tax payable and thereafter on the residual amount the surcharge and education cess be levied - AT

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  10. Tribunal was right in confirming the set-off of MAT Credit under Section 115JAA brought forward from earlier years against tax on total income including surcharge and...

  11. Levy of Surcharge and cess - to be computed over the rate of tax as per DTAA or not - Article 12 read with Article 2 of the tax treaty makes it clear that the rate of...

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