M/s.V.R.Farms Pvt Ltd vs. Deputy Commissioner of Income Tax
The appeals are dismissed
ITTA/272/2008HC Telangana28 Nov 2025
Bench: P.SAM KOSHY,SUDDALA CHALAPATHI RAO
carry-
forward limit.
(3) In the assessment year when regular tax becomes
payable, the difference between the regular tax
and the tax computed under MAT for that year
will be set off against the MAT credit available.
(4) The credit allowed will not bear any interest.
45.5
The rationale for allowing credit in respect
of taxes paid under
