https://www.taxtmi.com/caselaws?id=325723 The ITAT Mumbai partially allowed the Assessee's appeal, emphasizing the obligation of companies under MAT provisions to pay advance tax following the judgment in Rolta India. The decision clarified the calculation of interest for default in advance tax payment, stressing the significance of legal clarity in tax matters and the influence of judicial interpretations on tax obligations for companies. en-us Fri, 01 Jan 2016 00:00:00 +0530 Mon, 28 Mar 2016 07:01:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325723 The ITAT Mumbai partially allowed the Assessee's appeal, emphasizing the obligation of companies under MAT provisions to pay advance tax following the judgment in Rolta India. The decision clarified the calculation of interest for default in advance tax payment, stressing the significance of legal clarity in tax matters and the influence of judicial interpretations on tax obligations for companies. Case-Laws Income Tax Fri, 01 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325723