Faceless assessment and registration procedures are updated through electronic communication, revised recovery rules, extended deadlines, and replacem...
Risk-based selective vessel boarding requires accurate declarations and preserves master and agent liability where physical inspections are not select...
Permanent-establishment reassessment cannot revisit scrutinised disclosures; extended reopening fails without undisclosed material facts and within st...
Rectification of mistake u/s 154 - Difference of MAT credit not allowed to the assessee as related to surcharge and cess components of the MAT taxes paid in earlier years - the tax credit allowable under section 115JAA of the Act is including surcharge and cess components of tax thereon - the denial of tax credit u/s 115JAA of the Act to the extent of surcharge and cess components in the same, is a mistake apparent from the record and rectification sought to this extent is therefore upheld. - AT
Rectification of mistake u/s 154 - Difference of MAT credit not allowed to the assessee as related to surcharge and cess components of the MAT taxes paid in earlier years - the tax credit allowable under section 115JAA of the Act is including surcharge and cess components of tax thereon - the denial of tax credit u/s 115JAA of the Act to the extent of surcharge and cess components in the same, is a mistake apparent from the record and rectification sought to this extent is therefore upheld. - AT
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TaxTMI 
TaxTMI 
