Carry forward and set off of MAT credit - MAT credit available ...

MAT Credit Stays with Original Assessee Pre-Demerger, Not Transferred to SEZ Units, Says Assessing Officer Directive.

August 30, 2019

Case Laws Income Tax AT

Carry forward and set off of MAT credit - MAT credit available to the assessee prior to demerger, even though, the same is arised on account of SEZ units, the credit for such MAT credit needs to be allowed to the assessee (demerged company), but not to the demerged SEZ units (resulting company) - directed the AO to allow carry forward and set off of MAT credit to the assessee

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Carry forward and set off of MAT credit - MAT credit available ...

MAT Credit Stays with Original Assessee Pre-Demerger, Not Transferred to SEZ Units, Says Assessing Officer Directive.

August 30, 2019

Case Laws Income Tax AT

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