Mat credit section 115 jb
This query is : Resolved
07 June 2014
purchaser co can carry forward the mat credit of vendor company ????
07 June 2014
yes only for the bal period out of 10 years available.
07 June 2014
yes you can carry form ward for bal period.
07 June 2014
thanks n can u give me any judgement of any highcourt for the same ??
07 June 2014
refer expln 1 to sec 115JB and sec 72,73,74.
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