20 April 2011
Please advise: Suppose Original loss was Rs.1 crore for 2006-07. then Rs. 20 lacs was used agst. MAT profit for year 08-09. Now my query is whether we can utilise full Rs. 1 crore again for year 09-10 or balance amount of rs. 80 lacs only can be used. pl. give some reference' Thanks in advance ramesh
CAclubindia
