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MAT CREDIT

This query is : Resolved 
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(Querist)
23 December 2008 IN A.Y 2007-2008 MY NORMAL TAX AMOUNT IS 1000 AND I HAVE PAID MAT RS. 5000.00

WHAT WILL BE THE CARRIED FORWARD AMOUNT OF MAT CREDIT

SECONDLY IN RS. 5000.00 (SC & EDD CESS) IS ALSO INCLUDED . WILL THESE BE ALSO CARRIED FORWARD AS MAT CREDIT

THIRDLY ANY ENTRY IS REQUIRED IN BOOKS AS PER ACT FOR MAT CREDIT
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Jitender

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Jitender (Expert)
23 December 2008 credit available - 4000.

ec & e.cess will also be carried forward.

u need to show it as Loans & Advances.
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CHEZHIYAN

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CHEZHIYAN (Expert)
26 December 2008 thanks
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