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2015 (2) TMI 1180 - AT - Income TaxShort credit of MAT - Held that:- This ground of appeal was allowed by the CIT(A). Thus we find that on this issue, the assessee has no grievance against the order of CIT(A). Further the Ld. Authorized Representative of the assessee has submitted that despite the directions of the CIT(A), the Assessing Officer has not given effect in granting MAT credit as per orders of this Tribunal and CIT(A). Accordingly, we direct the Assessing Officer to give effect to the orders of this Tribunal and CIT (A) for the A.Y. 2003-04 and 2004-05 and accordingly grant the MAT credit to the assessee. Granting MAT credit against the tax liability prior to levy of surcharge and education cess - Held that:- We direct the Assessing Officer to allow the MAT credit against the tax liability payable before surcharge and education cess or alternatively the amount of MAT credit should also be inclusive of surcharge and education cess and then allow the credit against the tax payable inclusive of surcharge and education cess.
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