MAT - deduction of Rebate u/s 88E while calculating the tax ...

Case Laws Income Tax

January 10, 2020

MAT - deduction of Rebate u/s 88E while calculating the tax liability of the assessee for minimum alternative tax u/s 115JB - when the total income is assessed and the tax chargeable is computed, it is from that tax which is chargeable, the tax paid u/s 88E is given deduction, by way of rebate, u/s 87 - This is the legislative intent. That is a promise to give deduction of the tax already paid.

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MAT - deduction of Rebate u/s 88E while calculating the tax ...

Case Laws Income Tax

January 10, 2020

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