Delhi HC Rejects Plea Against BCCI Team Named 'Team India', Terms it a Sheer Waste of Time || Bombay HC: No Absolute Right for Citizens to Access Public Offices || Delhi HC: Suit Withdrawal After Compromise Doesn’t Result in Executable Decree || Delhi HC: ITSC Abolition Doesn’t Void Settlement Pleas Filed Between Feb 1–Mar 31, 2021 || Rajasthan HC: State Must Set Up Trauma Centre, Art Institute; Temple Board Can Only Assist || Kerala HC: LIC Cancer Cover Starts From First Diagnosis After Waiting Period, Not Expert Opinion || Kerala HC: Spouse’s Ill Treatment of Children is Cruelty under Section 10(1) Divorce Act || Supreme Court Acquits Chennai Man Sentenced to Death in Child Rape-Murder Case || SC: Only Disclosure Leading to Weapon Recovery Admissible under Section 27 Evidence Act || Supreme Court Orders Strict Enforcement on Helmets, Lane Discipline & Headlight Use

Search Results for Tag : MAT Credit

News

CBDT: No MAT Credit for Companies Opting for Lower Corporate Tax Rate(03.10.2019)

Central Board of Direct Taxes (CBDT) has issued a detailed circular that Minimum Alternate Tax (MAT) credit will not be available to a company that op.....

Tags : CBDT, MAT Credit

Judgments

Phrase "Prejudicial to the interest of the Revenue" is of wide import and is not confined to loss of taxes only(11.03.2024)

In facts of present case, the assessment was completed under Section 143(3) of the Income Tax Act, 1961 (IT Act). The assessee debited the provision f.....

Tags : Assessment, MAT credit, Calculation