CIT vs. OCL INDIA LTD
The appeals are dismissed
ITA/1063/2007HC Delhi06 Feb 2009
Bench: CASES PERTAINING TO SPL.DIVISION BENCHES
1)(a) whereunder the assessee is required to estimate its income
and calculate the tax payable thereon and thereafter to reduce from it
the TDS amount. It was further contended that by virtue of section
115JAA(4) the assessee is entitled to set off MAT credit at the stage at
which the tax has become payable. Consequently, it was submitted