MAT CREDIT
This query is : Resolved
sumit bhartia
(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
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
23 December 2008
credit available - 4000.
ec & e.cess will also be carried forward.
u need to show it as Loans & Advances.
ec & e.cess will also be carried forward.
u need to show it as Loans & Advances.
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