Save Rs 499. Go Ad-Free with CAclubindia Pro for 2 Full Years. Subscribe Now!

banner_ad

Income tax

This query is : Resolved

Share Report Follow Query Ask a Query

Samridhi (Querist)
Follow

10 July 2010 kindly tell me whether MAT credit entitlement on credit side of balance sheet can be netted off from MAT credit assets on debit side of balance sheet.

further on credit side how MAT credit comes

Like for advance tax/TDS provision for tax is netted off in Balance sheet

Akhil Agrawal

Akhil Agrawal (Expert)
Follow

11 July 2010 I could not get your Ques. And also Please there are no Debit or Credit side in a BS. Check whether its a MAT or Deffered Tax

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

31 July 2023

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CCI Pro

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

CCI Pro

Meet our CAclubindia PRO Members

Pro Member Ankit Kumar Kabra

Ankit Kumar Kabra

Pro Member RAMBIR singh

RAMBIR singh

Pro Member Dhananjay Singh

Dhananjay Singh

Pro Member Anurag Sharma

Anurag Sharma

Pro Member Ankush Porlekar

Ankush Porlekar

Follow us

add to google news

Answer Query

Quick Links

Browse by Category

Latest Job Openings

View all

ARTICLESHIP 23 May 2026

Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details

Featured 26 May 2026

Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details

ARTICLESHIP 04 June 2026

Article

Rakhecha & Co.

New Delhi

CA Inter

View Details

09 June 2026

Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details

Featured 28 May 2026

SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details

01 June 2026

Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details

22 May 2026

U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details

ARTICLESHIP 09 June 2026

Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details