https://www.taxtmi.com/highlights?id=53944 Charging interest u/s 234B - MAT credit - Here it is a clear-cut case of computational error. Anybody, either the AO or the assessee, would have computed the tax liability of the assessee at that particular time would have correctly claimed MAT credit available to the assessee and charged interest u/s 234B of the income tax act. - Interest liability sustained. en-us Tue, 07 Jul 2020 12:56:48 +0530 Tue, 07 Jul 2020 12:56:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=53944 Charging interest u/s 234B - MAT credit - Here it is a clear-cut case of computational error. Anybody, either the AO or the assessee, would have computed the tax liability of the assessee at that particular time would have correctly claimed MAT credit available to the assessee and charged interest u/s 234B of the income tax act. - Interest liability sustained. Highlights Income Tax Tue, 07 Jul 2020 12:56:48 +0530 https://www.taxtmi.com/highlights?id=53944