28 April 2012
my co is regd with stpi i have during the fy 2011-2012 net profit as per income tax is rs 20 lac and book profit is rs 18 lacs net tax liablity is rs 5 lac and mat credit c/f is rs 6 lac how i calculate current year tax paybale and c/f mat credit
09 May 2012
Against the current years taxable income tax is to be calculated and the b/f of MAT credit is to be adjusted and balance MAT credit is to be c/f
CAclubindia
