ITAT Reaffirms MAT Provisions Inapplicable to Banking Companies:

ITAT Reaffirms MAT Provisions Inapplicable to Banking Companies

ITAT holds MAT inapplicable to banks and allows deduction of RBI-related payments.

Tribunal Follows Special Bench Ruling on Banking Company Taxation

authorMeetu KumaridateJun 2, 2026
Last update on Jul 23, 2026

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Meetu Kumari

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Meetu Kumari is an Experienced Advocate and Content Writer with 4+ years of demonstrated history of working in the law practice industry. Skilled in Developing Content, Researching, and Drafting. Strong professional with a Bachelor of Science (B.Sc.) focused on Law from Gujarat National Law University.
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