We paid MAT in FY 09-10 and accordingly obtained form 29B from a CA in practice. In 10-11 the normal tax payable is more than MAT.
Is Form 29B needed for FY 10-11.
I guess no. However there is MAT credit set off under 115JAA in Fy 10-11
Menu
Is MAT certificate needed
Replies (3)
Can we discuss
Can we discuss this , friends
Form 29B as contemplated u/s 115JB(4) is required only in case the section is applicable in that particular year to any company. In case the section is not applicable furnishing the certificate is not required.
Refer sec115JB(4)
Recent Topics :
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
Related Topics :
CAclubindia
