Rectification of mistake u/s 154 - Difference of MAT credit not ...

MAT Credit Rectification Approved: Surcharge and Cess Components to be Included u/s 154 for Section 115JAA Compliance.

December 30, 2022

Case Laws Income Tax AT

Rectification of mistake u/s 154 - Difference of MAT credit not allowed to the assessee as related to surcharge and cess components of the MAT taxes paid in earlier years - the tax credit allowable under section 115JAA of the Act is including surcharge and cess components of tax thereon - the denial of tax credit u/s 115JAA of the Act to the extent of surcharge and cess components in the same, is a mistake apparent from the record and rectification sought to this extent is therefore upheld. - AT

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Rectification of mistake u/s 154 - Difference of MAT credit not ...

MAT Credit Rectification Approved: Surcharge and Cess Components to be Included u/s 154 for Section 115JAA Compliance.

December 30, 2022

Case Laws Income Tax AT

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