https://www.taxtmi.com/caselaws?id=61635 The ITAT set aside the orders of the AO and CIT(A), ruling in favor of the assessee. It directed the recalculation of interest under sections 234B and 234C after allowing the set-off of MAT credit. The Tribunal emphasized that MAT credit should be considered at the advance tax computation stage, thereby allowing the assessee's appeal. en-us Thu, 21 Oct 2004 00:00:00 +0530 Mon, 24 Jun 2024 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61635 The ITAT set aside the orders of the AO and CIT(A), ruling in favor of the assessee. It directed the recalculation of interest under sections 234B and 234C after allowing the set-off of MAT credit. The Tribunal emphasized that MAT credit should be considered at the advance tax computation stage, thereby allowing the assessee's appeal. Case-Laws Income Tax Thu, 21 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61635