https://www.taxtmi.com/caselaws?id=294776 The Tribunal clarified the correct method of computing tax liability and credit under section 115JAA, directing that tax payable should be calculated before surcharge and education cess. It held that MAT credit should include surcharge and education cess, providing relief to the assessee. Emphasizing fairness, the Tribunal instructed the Assessing Officer to prevent unjust enrichment of Revenue by following the prescribed methods for tax assessments. en-us Tue, 07 Feb 2017 00:00:00 +0530 Mon, 03 May 2021 08:16:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294776 The Tribunal clarified the correct method of computing tax liability and credit under section 115JAA, directing that tax payable should be calculated before surcharge and education cess. It held that MAT credit should include surcharge and education cess, providing relief to the assessee. Emphasizing fairness, the Tribunal instructed the Assessing Officer to prevent unjust enrichment of Revenue by following the prescribed methods for tax assessments. Case-Laws Income Tax Tue, 07 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294776