Whether MAT Credit Setoff is available 100% i.e (18.50 + SC + EC) or only Basic Tax i.e. 18.50%
Menu
Mat credit
Replies (6)
MAT Credit Set off is available for only 18.5%
No credit can be taken on cess(SC & EC).
i think it for the entire amount rather than only 18.5%
SETT OFF ONLY AGAINST 18.5%
Tax Credit for MAT is available 100%i.e. (18.5%+SHEC+EC=19.055%)
Set off 18.5% only.
can any one be sure qnd suggest with respect to what government allows.
Recent Topics :
- IMS Rejection of Sales and Sales return
- Taxation of Gift - Father to Daughter
- TDS on Property Purchased above 50lakh
- Accounting Treatment in Tally for Restaurant Sales
- Form 146 required
- Rule 86(B) Applicability
- ROC FILINGS FY2025-26
- Mismatch in 26AS
- How Can a Trader Utilise Approximately ₹1.20
- How Can Law Students Present Papers at Conferences
Related Topics :
CAclubindia
