https://www.taxtmi.com/caselaws?id=350197 The Court upheld the Assessing Officer's decision to issue a show-cause notice for the application of the Minimum Alternative Tax (MAT) provision, based on the income determined by the Commissioner of Income Tax (Appeals) for the assessment year 2010-11. The Court emphasized that the MAT provision could be applied if the petitioner succeeded in appeal and the normal tax computation fell below the prescribed limit. The petitioner was granted the opportunity to oppose the proposal by filing a reply. Ultimately, the Court dismissed the petition challenging the show-cause notice. en-us Mon, 10 Jul 2017 00:00:00 +0530 Wed, 29 Nov 2017 17:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350197 The Court upheld the Assessing Officer's decision to issue a show-cause notice for the application of the Minimum Alternative Tax (MAT) provision, based on the income determined by the Commissioner of Income Tax (Appeals) for the assessment year 2010-11. The Court emphasized that the MAT provision could be applied if the petitioner succeeded in appeal and the normal tax computation fell below the prescribed limit. The petitioner was granted the opportunity to oppose the proposal by filing a reply. Ultimately, the Court dismissed the petition challenging the show-cause notice. Case-Laws Income Tax Mon, 10 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350197