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MAT CREDIT

This query is : Resolved 
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(Querist)
07 July 2011 iN THE YEAR TAX AS PER INCOME TAX IS GREATER THAN mAT TAX WE DON'T TAKEN mat CREDIT . CAN IT AVAIL IN NEXT YEARS?
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CA Navin Jain

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CA Navin Jain (Expert)
07 July 2011 yes, you can avail mat credit in next year extend to only eligible amount .

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