Tax Credit definition

Tax Credit means a credit against, relief or remission for, or repayment of any Tax.
Tax Credit means a credit against any Tax or any relief or remission for Tax (or its repayment).
Tax Credit means any credit permitted under the Code or the law of any state against the federal or a state income tax liability of any Partner as a result of activities or expenditures of the Partnership including, without limitation, LIHTC.

Examples of Tax Credit in a sentence

  • Vendors / service providers should show CGST, SGST or IGST element separately in their offer and invoice should be raised as per GST Invoice Rule and GST Input Tax credit rules.

  • Bidder is advised to pass on the benefit of Input Tax credit to BCCL as required under Section 171 of CGST act.

  • Tax credit certificates are valid for the tax year following project completion.

  • The contractor / supplier shall submit to BSNL necessary supporting documents for availing input Tax credit of GST by BSNL.

  • Party has to submit commercially clear invoice/ bills to avail Input Tax credit on the materials supplied.


More Definitions of Tax Credit

Tax Credit has the meaning given to it in Clause 12.1 (Definitions).
Tax Credit means a credit against, relief of remission for or repayment of any UK Tax.
Tax Credit means an economic development tax credit created by Section 59-7-614.2 or 59-10-1107.
Tax Credit means as described in Section 1.1(A) of the QAP.
Tax Credit means a tax credit under Section 59-7-619 or 59-10-1034.
Tax Credit means the credit to be received by the Applicant as computed under the provisions of Subchapter D of the Texas Economic Development Act and 34 Tex. Admin. Code §9.1056, provided that the Applicant timely complies with the requirements under such provisions, including the filing of a completed application under §313.103 of the Code and 34 Tex. Admin. Code §9.1054.
Tax Credit means a credit against, relief or remission for, or repayment of, any Taxes.