Kindly suggest me for My Question
i have wrongly entered the amount of income tax in balance sheet last year for 2010-2011 FA in the balance sheet, where as it is wrong because MAT is applicable for the same. & also return was submitted as MAT applicable.
How can rectify the last year balance sheet so that My MAT credit will be created & the amount of Income tax will be debited from reserve & surplus.
Kindly suggest me so that i can fill my entries for the year 2011-2012 financial year