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Query asked by Arban on September 9, 2020

Re: Taxes already paid.

Taxes were paid as per MAT. Then addition was made, which was the dispute. Now under DTVSV scheme will I adjust the taxes already paid in determining the tax payable?

We presume that though the taxes were as per MAT provision the AO has made addition and the assessment is made on regular basis . Once the tax in dispute is settled  the assessee will get the credit for the taxes under MA


 

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