https://www.taxtmi.com/caselaws?id=776404 MAT credit under section 115JAA was considered available where the assessee's normal tax liability exceeded the MAT liability, and the return processing had omitted the set-off claim. The rectification under section 154 was found to provide no legally sustainable basis for denying the credit. On that basis, the assessee was held entitled to MAT credit against the tax liability for the assessment year 2021-22, and the denial of the credit was held unsustainable. en-us Mon, 06 Jan 2025 00:00:00 +0530 Sat, 09 Aug 2025 09:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776404 MAT credit under section 115JAA was considered available where the assessee's normal tax liability exceeded the MAT liability, and the return processing had omitted the set-off claim. The rectification under section 154 was found to provide no legally sustainable basis for denying the credit. On that basis, the assessee was held entitled to MAT credit against the tax liability for the assessment year 2021-22, and the denial of the credit was held unsustainable. Case-Laws Income Tax Mon, 06 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776404