https://www.taxtmi.com/caselaws?id=470086 Carried-forward MAT credit claimed in a revised return may be adjusted against an outstanding tax and interest demand after verification of its quantum and availability and rectification of computational errors. Where the claimed credit prima facie exceeds the demand, recovery or further payment should not be enforced pending verification. The notes describe a six-month stay of recovery and direct adjustment of admissible MAT credit against the demand. en-us Tue, 20 Aug 2024 00:00:00 +0530 Wed, 15 Jul 2026 18:59:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470086 Carried-forward MAT credit claimed in a revised return may be adjusted against an outstanding tax and interest demand after verification of its quantum and availability and rectification of computational errors. Where the claimed credit prima facie exceeds the demand, recovery or further payment should not be enforced pending verification. The notes describe a six-month stay of recovery and direct adjustment of admissible MAT credit against the demand. Case-Laws Income Tax Tue, 20 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470086