<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2020 (8) TMI 512 - ITAT KOLKATA</title>
    <link>https://www.taxtmi.com/caselaws?id=397569</link>
    <description>The Tribunal allowed the appellant&#039;s appeal for the carry forward of MAT credit for AY 2015-16, emphasizing that MAT credit should be granted automatically against tax liability. The Tribunal held that the Ld. CIT(A) erred in deeming the issue debatable and remanded the matter to the AO for verification and appropriate action. The appellant&#039;s claim was admitted, and the AO was directed to verify and grant the carry forward of MAT credit, providing the appellant with an opportunity to be heard.</description>
    <language>en-us</language>
    <pubDate>Wed, 19 Aug 2020 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 22 Aug 2020 14:00:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=620299" rel="self" type="application/rss+xml"/>
    <item>
      <title>2020 (8) TMI 512 - ITAT KOLKATA</title>
      <link>https://www.taxtmi.com/caselaws?id=397569</link>
      <description>The Tribunal allowed the appellant&#039;s appeal for the carry forward of MAT credit for AY 2015-16, emphasizing that MAT credit should be granted automatically against tax liability. The Tribunal held that the Ld. CIT(A) erred in deeming the issue debatable and remanded the matter to the AO for verification and appropriate action. The appellant&#039;s claim was admitted, and the AO was directed to verify and grant the carry forward of MAT credit, providing the appellant with an opportunity to be heard.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Wed, 19 Aug 2020 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=397569</guid>
    </item>
  </channel>
</rss>