I am working in Public Limited IT Company. we have Registred under STPI Unit, takeing Income Tax Banifit u/s 10A.
We can carry MAT , does it means that when we will start paying full Income Tax after STPI is over, we will deduct all MAT paid and only pay the balance Income tax
Yes, subject to the time limit for carry forward of MAT credit.
K R Kiran Kumar & Associates
Bengaluru
CA Inter
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Pune
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CCI
Pro
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