Provisional assessment credit: tax credit must be allowed in provisional assessments before the regular assessment completes. The amendment provides that where, before completion of the regular assessment, a provisional assessment is made under the provisional assessment mechanism, the tax credit shall be given also in such provisional assessment, ensuring credit is applied in interim assessments as well as on final assessment.
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Provisions expressly mentioned in the judgment/order text.
Provisional assessment credit: tax credit must be allowed in provisional assessments before the regular assessment completes.
The amendment provides that where, before completion of the regular assessment, a provisional assessment is made under the provisional assessment mechanism, the tax credit shall be given also in such provisional assessment, ensuring credit is applied in interim assessments as well as on final assessment.
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