Supreme Court Upholds the Constitutionality of Life Sentences Without Remission Until Natural Death || Supreme Court: Service Benefits Can't be Refused Due to Missing ACRs Not Attributable to Employees || Supreme Court: Courts May Grant Lesser Relief under Order VII Rule 7 CPC, But Not a Different Claim || Supreme Court Dismisses Lokpal's Plea Against Delhi HC Order Quashing Probe into Defence Secretary || SC Grants Bail to Two UAPA Accused, Citing 12-Year Incarceration and Violation of Article 21 || Madras High Court: Seeking Divorce over Wife's Accidental Hip Injury is Inhumane || Kerala High Court Directs Stronger Audit and Financial Oversight in Guruvayur Devaswom || Madras High Court Directs State and Judiciary to Expedite Rape and POCSO Trials || Karnataka HC Upholds RTO's Power to Cancel Registration Secured by False Documents || Karnataka HC: Bengaluru-Mysuru Corridor Could be Biggest Scam, Farmers Deprived of Land

Search Results for Tag : 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

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