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mat credit entry

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(Querist)
30 November 2009 mat credit entitlement should be shown under loans n advances however last year entry not passed ,can it be passed now.
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Om Prakash Singh

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Om Prakash Singh (Expert)
02 December 2009 ya,there is no need to provide for mat credit in current year if it was not passed previous year. it should be directly adjusted.

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