https://www.taxtmi.com/caselaws?id=32986 The Court held that the Income Tax Appellate Tribunal was correct in law in ruling that rectification could not be made by the Assessing Officer under Section 154 regarding charging of interest under Section 234-B without giving set off of MAT credit available to the Assessee. It was also held that credit of tax paid under Section 115-JAA can be given before computing interest under Section 234C. The Court found in favor of the Assessees, dismissing the appeals and leaving the parties to bear their own costs. en-us Fri, 06 Feb 2009 00:00:00 +0530 Sat, 07 May 2016 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32986 The Court held that the Income Tax Appellate Tribunal was correct in law in ruling that rectification could not be made by the Assessing Officer under Section 154 regarding charging of interest under Section 234-B without giving set off of MAT credit available to the Assessee. It was also held that credit of tax paid under Section 115-JAA can be given before computing interest under Section 234C. The Court found in favor of the Assessees, dismissing the appeals and leaving the parties to bear their own costs. Case-Laws Income Tax Fri, 06 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32986