https://www.taxtmi.com/caselaws?id=395305 The Tribunal allowed the appeal of the assessee, holding that MAT credit includes surcharge and cess. The calculation of tax liability should first consider total tax payable, including surcharge and cess, before allowing MAT credit. The appeal was decided in favor of the assessee, aligning with precedent set by various ITAT decisions and the Supreme Court's ruling in CIT vs K. Srinivasan. en-us Wed, 18 Mar 2020 00:00:00 +0530 Fri, 15 May 2020 18:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395305 The Tribunal allowed the appeal of the assessee, holding that MAT credit includes surcharge and cess. The calculation of tax liability should first consider total tax payable, including surcharge and cess, before allowing MAT credit. The appeal was decided in favor of the assessee, aligning with precedent set by various ITAT decisions and the Supreme Court's ruling in CIT vs K. Srinivasan. Case-Laws Income Tax Wed, 18 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395305