Mat

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2012 IT computation of Company can you confirm below statement for making tax payment

Actual Tax or MAT which ever is higher

C.A Anshul Singhal

C.A Anshul Singhal (Expert)
Follow

11 June 2012 Actual Tax or Mat Which Ever Is higher. Yes.

C.A Anshul Singhal

C.A Anshul Singhal (Expert)
Follow

11 June 2012 Actual Tax or Mat Which Ever Is higher. Yes.

C.A Anshul Singhal

C.A Anshul Singhal (Expert)
Follow

11 June 2012 Actual Tax or Mat Which Ever Is higher. Yes.

Querist : Anonymous

Querist : Anonymous (Querist)

11 June 2012 Suppose On particular year our actual tax is more than MAT, whether we will get credit for MAT paid in earlier years

C.A Anshul Singhal

C.A Anshul Singhal (Expert)
Follow

11 June 2012 Actual Tax or Mat Which Ever Is higher. Yes.

Querist : Anonymous

Querist : Anonymous (Querist)

12 June 2012 Sir,
My doubt is If any particular FY if actual tax is less than MAT, Excess amount ie difference between MAT and Actual Tax can carry forward

Querist : Anonymous

Querist : Anonymous (Querist)

12 June 2012 Sir,
My doubt is If any particular FY if actual tax is less than MAT, Excess amount ie difference between MAT and Actual Tax can carry forward