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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