Delhi HC: Sisters Giving up Property Rights to Brother not Considered a 'Gift' Under Stamp Act || Kerala HC: Assessee Allowed to Challenge Section 68 Cash Credit Addition in Remand Proceedings || Delhi HC: Age Document under JJ Act Not Final If Its Authenticity is Questionable || Delhi HC: Disclosure of Company Disputes to Concerned Party Doesn’t Amount to Defamation || Delhi HC: Landlord’s Dealings in Other Properties Don’t Affect Right to Evict for Bonafide Need || Supreme Court: No Exclusive Quota for Advocates in District Judge Direct Recruitment || Supreme Court: Sex Education Must Start Early, Not Just From Classes IX to XII || Supreme Court: Delay in Filing Written Statement During COVID Limitation Extension Allowed || Supreme Court: Fake Driver’s License Doesn’t Free Insurer Unless Owner Allowed Violation || Supreme Court: Railway Accident Claims Aren’t Criminal Trials; No Need for Strict Proof

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