Gauhati HC: DRT Has to Dispose of Application under Section 17 of SARFAESI Act as per RDB Act || Kerala HC: Showing or Waving Black Flag to a Person Cannot Amount to Defamation || Del. HC: Merit Based Review of Arb. Award Involving Reappraisal of Factual Findings is Impermissible || Del. HC: It is the Product and Not the Technology Used that Determines HSN Classification || P&H HC: Provis. of Punjab Recruitment of Ex-Servicemen (First Amendment) Rules are Unconstitutional || Cal HC: High Time that Irretrievable Breakdown of Marriage be Read as Grounds of Desertion & Cruelty || Supreme Court: Third Party Can File SLP Against Quashing Of Criminal Proceedings || SC: Absolute Ownership in Property as Per HSA Can’t be Claimed by Woman with Limited Interest || SC: Can’t Forego Fundamental Requirements of Election of Society in Absence of Specific Provisions || SC: Special Efforts Should be Made to Identify Women Prisoners Eligible for Release u/s 479 of BNSS

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