115JB..tax paid..
This query is : Resolved
20 October 2010
Dear Experts,
If the tax is paid as per 115JB calculation and the company was unable to file the return within the due date, can the company take credit u/s 115JC so that in the next year if it pays tax in the normal provisions he can set off the MAT credit amount.
Thanks & Regards,
Rajesh.
If the tax is paid as per 115JB calculation and the company was unable to file the return within the due date, can the company take credit u/s 115JC so that in the next year if it pays tax in the normal provisions he can set off the MAT credit amount.
Thanks & Regards,
Rajesh.
20 October 2010
Yes , tax credit will be available u/s 115JAA, although return was submitted after the due date.
Message likes :
1 times
20 October 2010
Yes MAT paid credit can be taken even if return has been late filed. There is no condition to file return in time to claim MAT credit.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Opting our of sec 44AD
- Copyright software
- Transporter Declaration form
- Multiple trade mark
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- Tds UNDER SECTION 195 INTEREST PAID TO NRI DIRECTOR
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
