https://www.taxtmi.com/caselaws?id=367511 The Tax Case Appeal filed by the Revenue was allowed, with the Court ruling in favor of the Revenue on various issues related to MAT credit set off, priority of MAT credit against tax payable, levying of interest under Section 234D, and liability of interest from the date of refund pre-2003. The Court's decisions were based on interpretations provided by the Supreme Court and relevant precedents, emphasizing the retrospective and prospective application of relevant provisions. The Court directed the Assessee to address any further issues related to interest computation with the Assessing Officer. en-us Fri, 07 Sep 2018 00:00:00 +0530 Fri, 21 Sep 2018 17:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367511 The Tax Case Appeal filed by the Revenue was allowed, with the Court ruling in favor of the Revenue on various issues related to MAT credit set off, priority of MAT credit against tax payable, levying of interest under Section 234D, and liability of interest from the date of refund pre-2003. The Court's decisions were based on interpretations provided by the Supreme Court and relevant precedents, emphasizing the retrospective and prospective application of relevant provisions. The Court directed the Assessee to address any further issues related to interest computation with the Assessing Officer. Case-Laws Income Tax Fri, 07 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367511