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![Relief for Bank of Baroda: ITAT Rules MAT Provisions u/s 115JB Not Applicable [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Bank-of-Baroda-Income-Tax-Act-Tax-Liability-taxscan.jpg "Relief for Bank of Baroda: ITAT Rules MAT Provisions u/s 115JB Not Applicable [Read Order]")
Relief for Bank of Baroda: ITAT Rules MAT Provisions u/s 115JB Not Applicable [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT )Â granted relief to Bank of Baroda by holding that the Minimum Alternate Tax ( MAT )...
![ITAT deletes Disallowance made u/s 36(1)(vii) of Income Tax Act in respect of Bad Debts written off by Non-Rural branches of Canara Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/bad-debts-written-off-by-Non-Rural-branches-of-Canara-Bank-Non-Rural-branches-bad-debts-TAXSCAN.jpg "ITAT deletes Disallowance made u/s 36(1)(vii) of Income Tax Act in respect of Bad Debts written off by Non-Rural branches of Canara Bank [Read Order]")
![Disallowance of Depreciation under MAT Provisions for Adjustments in Book of Profit does not Attract Penalty: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Disallowance-Depreciation-MAT-Provisions-Book-of-Profit-Penalty-ITAT-taxscan.jpg "Disallowance of Depreciation under MAT Provisions for Adjustments in Book of Profit does not Attract Penalty: ITAT [Read Order]")
![MAT provisions u/s 115JB are applicable only to Domestic Companies and not to Foreign Companies: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/MAT-provisions-Domestic-Companies-Foreign-Companies-ITAT-taxscan.jpg "MAT provisions u/s 115JB are applicable only to Domestic Companies and not to Foreign Companies: ITAT [Read Order]")
![MAT Credit ‘Nullifies’ the Objective of MAT provisions under the Income Tax Law: CAG to Govt [Read Report]](https://www.taxscan.in/wp-content/uploads/2017/08/CAG-Taxscan.jpg "MAT Credit ‘Nullifies’ the Objective of MAT provisions under the Income Tax Law: CAG to Govt [Read Report]")
CBDT prescribes Methods for Computing ‘Tax Effect’ to determine Maintainability of Appeals related to MAT Provisions [Read Letter]
The Central Board of Direct Taxes (CBDT) recently amended its Circular No. 2112015 issued in 2015 prescribing monetary limit for appeals before various appellate authorities. The recent letter...
![CBDT prescribes Methods for Computing ‘Tax Effect’ to determine Maintainability of Appeals related to MAT Provisions [Read Letter]](https://www.taxscan.in/wp-content/uploads/2016/08/CBDT-Taxscan-2.jpg "CBDT prescribes Methods for Computing ‘Tax Effect’ to determine Maintainability of Appeals related to MAT Provisions [Read Letter]")
Penalty u/s 271(1)(c) is not Leviable when Income was Charged under MAT Provisions: ITAT Kolkata [Read Order]
In DCIT v. M/s Associate Alcohols & Breweries Ltd, the division bench of the Kolkata ITAT held that penalty under section 271(1)(c) of the Income Tax Act cannot be levied in cases where assessee...
![Penalty u/s 271(1)(c) is not Leviable when Income was Charged under MAT Provisions: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "Penalty u/s 271(1)(c) is not Leviable when Income was Charged under MAT Provisions: ITAT Kolkata [Read Order]")
Relief u/s 54EC cannot be denied to the Assessee merely invoking MAT provisions: Madras HC [Read Judgment]
The division bench of the Madras High Court, in a recent decision, held that the assessee cannot be denied the benefit provided under s. 54EC of the Income Tax Act, 1961 solely on ground that the...
![Relief u/s 54EC cannot be denied to the Assessee merely invoking MAT provisions: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/09/Madras-High-Court-Taxscan.jpg "Relief u/s 54EC cannot be denied to the Assessee merely invoking MAT provisions: Madras HC [Read Judgment]")