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2017 (11) TMI 76 - HC - Income TaxMAT provision applicability - Held that:- As noted, in our order dated 18.07.2016, while setting aside the notice for reopening, this Court had made certain observations with respect to computing the petitioner's income as per the MAT provision, in case, by virtue of petitioner's success in appeal, the said provision became applicable. When the Assessing Officer, in view of such appeal, has issued a showcause notice calling upon the petitioner why the computation of income should not be done as per the MAT provision, we see no reason to interfere. It is always open for the petitioner to oppose such proposal by filing reply.
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