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Applicability of mat audit


HARISH BANSAL (student)     24 September 2013

HARISH BANSAL
student 
 11 likes  229 points

| My Other Post

Dear Users,

Kindly let me know to whom MAT audit is applicable ?

Case 1 :  the company who is paying Tax as per Sec 115JB

 Case 2 : the company who is utilising  his MAT Credit

Case 3 : any other situation, if any.

 

Regards,

Harish Bansal

avater

CA. Kunal Lakhotia (ACA)     24 September 2013

CA. Kunal Lakhotia
ACA 
 58 likes  1006 points

View Profile | My Other Post

In all the cases, as MAT is applicable to all companies

HARISH BANSAL (student)     24 September 2013

HARISH BANSAL
student 
 11 likes  229 points

View Profile | My Other Post

Originally posted by : CA. Kunal Lakhotia

In all the cases, as MAT is applicable to all companies

Pls let me know also , A company who is paying tax as per income tax act & that company is not having  any old Mat Credit, for that company MAT Audit is also applicable ?


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