Mat credit
This query is : Resolved
13 November 2017
Sir,
A company has MAT credits as per their records but they are not recognize MAT credit as an asset in previous years. Can I set off the MAT credits available with current year tax liability? Is there any official document available to confirm MAT credit?
A company has MAT credits as per their records but they are not recognize MAT credit as an asset in previous years. Can I set off the MAT credits available with current year tax liability? Is there any official document available to confirm MAT credit?
13 November 2017
Yes you can claim mat credit,even if you have not accounted in books
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