Eligibility for MAT credit u/s 115JAA - the amount of the MAT ...

Understanding MAT Credit Eligibility: Section 115JAA Requires Deduction of Surcharge and Cess Before Interest Calculation.

January 27, 2021

Case Laws Income Tax AT

Eligibility for MAT credit u/s 115JAA - the amount of the MAT tax credit, inclusive of surcharge and education cess etc., if any, should be reduced from the amount of tax determined on the total income after adding surcharge and education cess, etc., and only the resultant amount payable will suffer interest under the relevant provisions of the Act. - AT

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Eligibility for MAT credit u/s 115JAA - the amount of the MAT ...

Understanding MAT Credit Eligibility: Section 115JAA Requires Deduction of Surcharge and Cess Before Interest Calculation.

January 27, 2021

Case Laws Income Tax AT

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