Interest under Section 244A on refund - benefit of MAT credit ...
MAT Credit Offsets Tax Liability: Section 244A Interest on Refunds Involves MAT Credit, Advance Tax, and TDS.
June 20, 2015
Case Laws Income Tax HC
Interest under Section 244A on refund - benefit of MAT credit under Section 115JAA - the MAT credit that is available should be allowed to set off and thereafter the tax liability has to be determined taking note of the Advance Tax paid and the TDS available. - HC
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