We are take over partnership firm to Pvt. Ltd. Co. for the F.Y. 2012-13. please note that when we submitting IT return(F.Y. 12-13) for our new Pvt. Ltd. Co. MAT has been come Rs. 252500.00. After 2014,2015, & 2016 past we are adjusted Rs. 101500.00 only.
Please clarify that HOW MANY YEAR LIMITATION PERIOD FOR MAT ADJUSTMENT and if the limit period is cross then what we do.
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