Dear All,
I m working with a pvt ltd company. Is MAT is applicable on Pvt Ltd company. If yes please tell me about it. Accounting provision for MAT ???????
Please help me
Thanks to all
ashish gupta
( student)
(1922 Points)
Replied 29 May 2012
yes MAT is applicable to pvt ltd companies
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 29 May 2012
MAT is applicable on pvt companies also. Make provision of Income tax if after computation, tax comes from MAT liability.
Check for MAT credit entitlement also.