Corporate tax: Small firms await clarity on MAT credit
MAT credit can be utilised only in years when the tax a firm is required to pay tax under normal provisions is higher than MAT. Such credit can be carried forward for up to 15 assessment years.
from The Financial ExpressEconomy – The Financial Express https://ift.tt/2lQtFRh
from The Financial ExpressEconomy – The Financial Express https://ift.tt/2lQtFRh
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