MAT CREDIT

No, you cannot take cess paid as MAT credit

MAT Credit is allowed inclusive of Surcharge and Cess.

Recently, the Delhi Bench of the ITAT in the case of Consolidated Securities Ltd (the taxpayer) held that Minimum Alternate Tax (MAT) credit is allowed inclusive of surcharge and education cess. The amount of tax includes both the components, namely, tax and surcharge. Surcharge cannot be treated as distinct from the amount of income tax. It is an integral component and constitutes part and parcel of the amount of tax.

Nitesh bimd is correct