An investment compnay is having huge MAT credit available for A.Y. 2010-11. It wants to avail the said credit as early as possible. please suggest me various tax planning methods so that the said credit of MAT can be used to setoff against normal tax.
In other words in A.Y. 2011-12 the Tax as per normal provisions should me more than Tax as per 115JB, so that MAT credit of earlier year can be utilized.
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