Mat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2012
if business Loss & we pay MAT so we get MAT credit next 5 Year but can we get carried forward business loss for next five year also???
07 March 2012
yes u can carried forward business loss.income tax is different from MAT.
Guest
Guest
(Expert)
07 March 2012
Yes the loss will also be carried forward along with mat credit.
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