https://www.taxtmi.com/caselaws?id=294780 The Tribunal dismissed the Revenue's appeal regarding the inclusion of surcharge and education cess in computing MAT credit under Section 115JAA of the Income-tax Act, 1961. Relying on a previous judgment for the same assessee, the Tribunal directed the Assessing Officer to verify and allow the MAT credit claim, emphasizing the jurisdictional power under Section 254(1) of the Act. The decision, pronounced in Chennai on 18th March 2019, underscored the necessity for proper verification and subsequent allowance of the claim, in line with legal precedents. en-us Mon, 18 Mar 2019 00:00:00 +0530 Mon, 03 May 2021 08:16:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294780 The Tribunal dismissed the Revenue's appeal regarding the inclusion of surcharge and education cess in computing MAT credit under Section 115JAA of the Income-tax Act, 1961. Relying on a previous judgment for the same assessee, the Tribunal directed the Assessing Officer to verify and allow the MAT credit claim, emphasizing the jurisdictional power under Section 254(1) of the Act. The decision, pronounced in Chennai on 18th March 2019, underscored the necessity for proper verification and subsequent allowance of the claim, in line with legal precedents. Case-Laws Income Tax Mon, 18 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294780