Minimum alternative tax(mat)

you can adjust credit upto the difference of tax paid under normal provision and tax payable under MAT provision

sir,

please check if this treatment is correct

current tax

LESS:deferred tax                                               5,00,000

LESS:MAT credit Entitlement                            3,00,000

ADD:short provision for tax for earlier years   2,00,000

TOTAL:                                                                   (6,00,000)